Today observed a bullish engulfing candlestick pattern. This suggests a bullish trend and that price may trend higher ahead to retest $2.00 important resistance level.
Update on 2 April:
FOR INARI:Catalysts
Wireless communications / mobility / IoT (M2M) / LTE
Business diversifications into optoelectronics and T&M
Favorable FOREX
Continuous effective operational strategy.
Risks
Single major client risk (Avago) / high dependency
FOREX risks
Patent disputes
Resources / labour shortage.
Rating
BUY, TP: RM3.09
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