According to Rhb Retail Research, Innature Is Primed for a Technical Resurgence

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According to RHB Retail Research, Innature Bhd is primed for a technical comeback after bouncing off the 21-day moving average line yesterday, aiming for immediate resistance at 71 sen.

The research house stated in a trading equities note today that if a breakout occurs above that level, a bullish bias may arise, propelling the stock to 76 sen – the 52-week high – followed by the 80 sen new high threshold.

“However, this expectation will be cancelled if the price goes below the 67 sen support level,” it added.

Published by Zack Baharum

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