Sunday, October 06, 2013

Inari likely to drift lower

The above daily chart of Inari does not look good. The stock was rising well until Khazanah said
that it was not taking any stake in the company. If you are thinking of buying the stock, I think you should wait for the price to drop until you see a buy signal.

Support is at 98.5 sen, and then at 92.5 sen. This is from the technical point of view.

You listen to me at your own risk.