Thursday, March 16, 2017

Technical Analysis Mar 2017: IRIS (0010)


IRIS CORPORATION BHD 

Observation from Chart:-

IRIS (0010) succeed breakout RM0.145 resistance level.

How high will it go?

Other indicator:-
MACD at positive region, uptrend itinerary.
Stochastic %K on BUY call itinerary.

Immediate resistance @ RM0.15 level.
Subsequent resistance @ RM0.18 level.

Immediate support @ RM0.145 level.
Subsequent support @ RM0.135 level.

Let's watch closely.

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