Iris Corporation is showing signs of attempting to stage a reversal in the latest session, after its recent retracement started to show signs of losing momentum over the past week. A positive bias may appear above the MYR0.275 resistance, with subsequent resistance levels set at MYR0.295 and MYR0.315. A breach of MYR0.265 would nullify this positive thesis.
Source: RHB Securities Research - 9 Nov 2020
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Created by rhboskres | Aug 26, 2024