IRIS
above
$0.25 by 01-Feb-2010
-
target price: $0.25
(
47.06 %
in 18 days)
- price when predicted: $0.17
- current price: $0.17
- 38 days pass target date.
• Timeframe - 5 - 20 days
• Trigger - RM0.18
• Target - recent high of RM0.22
• Comment -
IRIS is trapped in a descending triangle, with bullish breakout at RM0.18 & bearish breakout at RM0.14. RSI & DMI are pointing to a bullish breakout. MACD is poised to enter into positive territory. The latter should coincide with the next upleg after an upside breakout of the triangle.
