Trading Stocks - InNature - RHB Investment Research Reports

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Author: rhbinvest | Latest post: Fri, 19 Apr 2024, 10:36 AM

An official blog in I3investor to publish research reports provided by RHB Research team.

All materials published here are prepared by RHB Investment Bank Bhd. For latest offers on RHB Invest trading products and news, please refer to: http://www.rhbinvest.com

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Trading Stocks - InNature

Author: rhbinvest | Publish date: Wed, 26 Oct 2022, 11:29 AM

InNature’s bullish momentum is gaining traction after it broke past the MYR0.565 resistance. Observe that the stock has climbed above the 21-day SMA line, indicating that the correction has ended and it is poised to resume the upside movement. Should the bullish momentum sustain, the stock will climb towards MYR0.60, followed by MYR0.62. On the flip side, falling below the MYR0.535 support will negate the bullish expectation.

Source: RHB Securities Research - 26 Oct 2022

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Labels: INNATURE

Related Stocks

Chart	Stock Name	Last	Change	Volume
	INNATURE	0.295	-0.02 (6.35%)	1,265,000

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