INARI IN BAT HARMONICSConsider to study , analyze and monitor Inari in its current daily chart, where it resembles a bullish bat harmonic pattern, where a potential swing trade can be taken from its Potential Reversal Zone to Point C.
INARI trade ideas
INARI - Last supportingPull Up condition :
1) Rainbow+ indicator - Next supporting point at 3.370 (Long-term supporting line)
2) Oversold - Oversold since 10th Jan '22, wait for entry when oversold (Turquoise-color bar) disappear
3) BankerCollection+ indicator - short-term collection triggered
Support & Resistance:
S : 3.370 (-1.46%)
Disclaimer:
Opinion above posted for case study purpose. Trade at your own risk. Trade only after you have acknowledged and accepted the risks involved.
Oversold and fibo level at 0.786 levelOversold and fibo level at 0.786 level - potential to bounce back.
INARI IN HARMONIC PATTERNINARI spotted in Elliott wave abc corrective zone and in bullish bat harmonic pattern.
INARI maybe only "worth" to buy @ ≈ 2.75. 26/Jan/22INARI's stock price may still "dropping" until around 2.75. The next major demand zone and lower trend line support of possible a triangle pattern.
Inari LongRst 4.28. Supp 3.75
- My EP 4.04
- Double bottom 3.75 area hopefully able to turn this chart to retest rst area.
- MACD going into positive area
- If the bull power is back, this might be a positive pattern.
Potential Long For INARIRst 4.01 & 4.28 Supp 3.75
Today candle high 3.98
In view of strong support that looks like a double bottom at 3.7 area along with global NAS breakout and is also the same wave pattern, i strongly believe its momentum will follow. There might be a breakout at 4.01 rst area there as its macd also sloping into positive area. Monitor closely on it & individual support measurement can use those low candle to measure or the strong support area.
INARI IN ABC FORMATIONFrom a low of 3.290 on 30 July 2021 to a high of 4.300 (52wh) on 22 November 2021, Inari retraced and rebounded from 3.670 (on touch-point) on 20 December 2021 which is fibo618. On 21 December 2021, the price crossed up EMA100. To enter trade, the probable EP would be 3.670 to retest fibo618. The probable TP is 4.110 which is a daily pivot point and the probable CL would 3.495, which is below support level fib0786 as well as yearly and monthly supports. On the other hand, 3.495 is also supported by EMA200.
INARIA simple and easy counter to swing. After a clear understanding of its long term trend, I entered at 2.96 during the retracement and let it moves in the channel.
HODL.
tayor. not a buy call.
inari, Bull Trap?market structure
tend to test lower support i guess
already BO resistance TF30
nee to wait whether the support is strong enough
trade as planned
INARI TECHNICAL ANALYSISTechnical analysis for INARI Stock based on Trend Analysis, Chart Pattern and Fibonacci Retracement
inarislow n study counter
who has extra fund can invest in this counter
buy and forgot the password..cheers
TAYOR
INARI in phase D of Wyckoff reaccumulation.Buckle up semiconductor lover!
We fly to the moon or dive into the ground.
LOL.
VCP SETUP INARIStrong fundamental company.Price just breakout from pivot point with high volume.very promising.Good luck
See the move?Congrat it is new high and still, chase high will no a wise set up.
However, spot the potential movement and there is a chance.
INARI breaking all time hi again. 25/9/21INARI on "waiting List" as a 1 of the 30 "Components Stock Index" in KLSE..as its market cap surges after price have broken all time high again. Its price structure may show it has completed wave iv (green circled) BUT price may retrace soon for expanding flat in wave (b) (Red) where price could reach around RM 3.355..
INARI (KLSE 0166) Technology | SemiconductorsInari is forming ascending triangle with VCP. Do watch out for consolidation and better market sentiment
VCP SETUP INARISector : Technology
Technically,VCP formation and just broke pivot point
Fundamentally,increasing sales and profit QOQ and YOY
INARI VCP SETUP!!INARI observed to develop VCP (>180 days) with below contraction:
C1: -20%
C2: -6%
C3: -6%
C4: -4%
Low risk entry zone. Big block at 3.56/3.57. Awaiting big volume come in and break it! 2nd half go go go?
New apple product launch next week can help to boost INARI share price?
Disclaimer:
Technical analysis sharing on chart pattern. Not a buy call recommendation, trade at your own risk.
Inari...potential break Based on Fib, the price is expected to break the resistance and move towards Fib261. Let's wait for the move.
Note: This is purely my opinion based on my TA. This is not financial advice.
Inari to the moon?This is the second stock idea related to semiconductor. Inari has been forming an ascending triangle chart pattern. Now will be interesting to see if 3.75 resistance can be broken. There's a support at 3.36 and the uptrend line which coincides with the MA50 line. This is worth waiting for if it does not violate the support.
