Rakuten Trade Research Reports

Author: rakutentrade   |   Latest post: Tue, 13 Oct 2020, 9:56 AM


Technical View - Iris Corporation Bhd (IRIS, 0010)

Author:   |    Publish date:

Iris Corporation Bhd (0010)

• IRIS rose 2.7% or 1 sen to RM0.375 yesterday.

• Share price is currently trading above all key moving averages indicating positive buying interest. It has received LOI on India e-passport project worth US27.54m which is likely to see renewed interest on this stock. Hence, we expect share price to continue its bullish uptrend.

• Resistance levels are expected at RM0.40 (R1) and RM0.45 (R2).

• Conversely, support levels are expected at RM0.35 (S1) and RM0.30 (S2).

Source: Rakuten Research - 9 Sept 2020

Share this
Labels: IRIS

Related Stocks

Chart Stock Name Last Change Volume 
IRIS 0.255 -0.005 (1.92%) 21,049,100 

  Be the first to like this.

I3 Messenger
Individual or Group chat with anyone on I3investor
MQ Trader
Perform Technical & Fundamental Analysis on Stocks
MQ Affiliate
Earn rewards by referring your friends

206  555  597  1072 

Top 10 Active Counters
 AT 0.105+0.01 
 GPACKET 0.46-0.02 
 DGSB 0.255+0.03 
 AEM 0.16+0.005 
 DATAPRP 0.185-0.01 
 HWGB 0.755-0.025 
 VIVOCOM 0.05+0.005 
 MAHSING 0.915-0.045 
 TRIVE 0.010.00 
 KTB 0.14+0.02 


1. The Equity Market Index Benchmark in Malaysia CMS
2. Trading Scenarios of Derivatives Bursa Derivatives Education Series
3. Derivatives 101 Bursa Derivatives Education Series
4. Why Trade FKLI? Bursa Derivatives Education Series
5. MQ Trader - Introduction to MQ Trader Affiliate Program MQ Trader Announcement!