IRIS CORPORATION BHD
Observation from Chart:-
IRIS (0010) is forming lower high & lower low...
Will it rebound from RM0.41 support level?
Other indicator:-
MACD at negative region, downtrend itinerary.
Stochastic %K on SELL call itinerary.
Immediate support @ RM0.41 level.
Subsequent support @ MA200 which is around RM0.36 level.
Immediate resistance @ MA20 /MA100 level.
Subsequent support @ MA50 level.
Let watch closely.
Sunday, May 18, 2014
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