Iris Corp active, up 2.13% on positive technicals

TheEdge Wed, Jan 10, 2018 09:29am - 6 years View Original


KUALA LUMPUR (Jan 10): Iris Corp Bhd shares rose 2.13% in active trade in the morning session today, following a positive technical outlook on the stock.

At 9.11am, Iris rose 0.5 sen to 24 sen with 5.78 million shares traded.

RHB Retail Research said Iris may trend higher after surpassing the 22 sen level in its latest session.

In a trading stocks note today, the research house said a bullish bias may be present above this point with a target price of 25 sen, followed by 30 sen.

“Support may be found at 21.5 sen, where traders can exit upon a breach to avoid the risk of a further correction,” it said.

 

The content is a snapshot from Publisher. Refer to the original content for accurate info. Contact us for any changes.






Related Stocks

IRIS 0.310

Comments

Login to comment.