Monday, April 10, 2017

Technical Analysis Apr 2017: IRIS (0010)


IRIS CORPORATION BHD 

Observation from Chart:-

IRIS (0010) heading RM0.21 resistance level.

Will it retest RM0.21 level?

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

Immediate resistance @ RM0.21 level.
Subsequent resistance @ RM0.22 level.

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

Let's watch closely.

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