Good tech counter to swing trade with promising potential as it is related to 5G implementation in the country. Expecting it to pull back a little before rebounding from support unless there is something that will excite the market due to weakening volume, MACD and banker chips. Strong support around 3.200~3.260 region and resistances at 3.445, 3.560 and...
INARI Theme: Tech Rst: 3.22/ 3.33 Spp: 3.13 Green doji emerged above MA50, supported by recovering RSI and the entire week’s move tells us support has been forged at Fibo Ext 50%, likely to see recovery back towards Fibo Ext 100%.
Possibly still completing formation of HL, before continue its bull. Currently within collection area (32.8%-61.8%). Watch for rebound. Invalidated if price to close below previous H (3.78) # For education purpose only TAYOR
Nicely rebound at Fibo 38.2%, and hit ATH. Invalidated if price exit downtrend channel. # For education purpose only TAYOR
INARI Rst: 3.48 Spp: 3.21 Adjusted Fibo Ext projection based on new breakout level at 2.78, obviously the magnitude of surge has sharpened, which mean strong bullish momentum will continue be unleashed, new level the stock can hit potentially observable at 3.48.
Setups walktrough, showing patterns in context for Cbrain Evolution gaming Kindred Inari OAC Powercell Pexip Photocure Probi QLife
Could Inari breakout from the 2.77 resistance level. Let's wait and see
Bias: Long Inari had broken out the neckline RM2.45 earlier. The overall trend continues to be bullish. Resistance: 2.50, 2.55 Support: 2.45, 2.40 Apple is going to launch its new Iphone the following week, let us see whether there will be any further price action. Do remember there are some political issues tomorrow. If you find this idea helpful, kindly...
INARI Rst: 2.52/ 2.78 Spp: 2.43 Significant bullish breakout and the emergence of strong hammer above upper BB will induce further trading interest tomorrow.
Inari looking forward to break previous resistance Resistance 2.09 Entry price 2.10 Exit: Cut Loss 2.06/break trendline Target price: 2.38, 2.53, 2.81
Any input @ feedback for me to improves in drawing the chart and writing down my trading plan is really appreciated. Btw, be nice please.. Thank you and have a great trading
Those who following me on twitter probably realised now, when i'm called up Inari as a good company to invest especially for long term. In our support group, i told everyone inari is good to positioning invest and that is when the price is 1.570, that was 5 jun 2020. Today, the price has touched 1.890 and almost near to touch my target price line 1.900. One...
once the pennant / triangle broken.. it will definitely fly