Technical Analysis Jun 2017: IRIS (0010)
IRIS CORPORATION BHD
Observation From Chart:
IRIS (0010) retrace down from RM0.21 to RM0.15 level.
Oversold? Form reversal sign?
Other indicator:-
MACD moving toward negative region, downtrend sign.
Stochastics %K on BUY call.
Immediate resistance @ RM0.16 level.
Subsequent resistance @ RM0.185 level.
Immediate support @ RM0.145 level.
Subsequent support @ RM0.12 level.
Let's watch closely.
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