Thursday, May 11, 2017

Technical Analysis May 2017: IRIS (0010)



IRIS CORPORATION BHD  

Observation From Chart:

IRIS (0010) forming high high & higher low.

How high will it go?

Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastics %K pending trigger BUY call.

Immediate resistance @ RM0.21 level.
Subsequent resistance @ RM0.225 level.

Immediate support @ RM0.19 level.
Subsequent support @ RM0.175 level.

Let's watch closely for opportunity.

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