IRIS trade ideas
IRIS - a cup of coffee (minus handle)In H4 chart, we observed cup and handle pattern and a possible 34% upside. MACD,Sto,RSI didn’t indicate any bullish signal. We believe the handle pattern will continue building along the channel, before testing resistance @ 0.375. Safer entry is to let the price close above EP price for a smoother upside.
EP 0.380
TP 0.425, 0.450, 0.495
SL 0.345
RRR 1:3
IRIS is a heavy stock with large float (50% float of 2970M shares), similar to its close sector competitor DSONIC (50% of 2700M shares), which could signal similar movement of price during sector play.
TAYOR
IRIS: POTENTIAL GO UP IN SHORT TERM?HI! THIS IS RISKY ENTRY BECAUSE SUPPORT AREA WAS WIDE, THEREFORE RISK:REWARD RATIO WAS NOT SO GOOD. JUST FOR SHORT TERM ONLY. BASED ON VOLUME, I THINK IRIS WILL GO UP TO TEST NEAR RESISTANT AREA. I'M JUST USING INTRADAY ANALYSIS FOR SHORT TERM.
tAYOR! (TRADE @ YOUR OWN RISK)
IRISIris - Tech
1/12/20
EP 0.34
TP 0.375
SL 0.32
RRR 1:1.75 (monitor)
T3 with pullback
RBS ambik hok paling dekat.. stok muroh triki etek
IRIS - Nice returns received over the last twelve months!While that might be a setback, it doesn't negate the nice returns received over the last twelve months. To wit, it had solidly beat the market, up 79%.
Notably mention!
Safe Zone:-
- TP/Buy.UP areas in between 0.305 til 0.335
-SL not lower than 0.285
view on IRIS 23112020IRIS is in sideways. seeing potential accumulation .
SL if close below 295
immediate resistance at 0.34.
IRIS IS AT SUPPORT LEVELCONSIDER TO BUY WITH 4-6% STOPLOSS @ 0.220-0.240. EXPECTED TP WAS 42% @ (0.370).
TAYOR!
IRIS Bertahan pada 265EW + ABC correction telah tamat , disebbkan sentimen politik counter IRIS closed pecah pada paras lantai/support.
Adakah iris akan rebound kembali ?
IRISBreakout 2 resistance with high volume. Dah break downtrend line dan ada double bottom, kemana kah arah harga yang akan dituju selepas ini?
TP1 0.325
TP2 0.340
SP 0.280
wait it BOD 0.25 support line down trend
strong bear
wait the signa Fft turn green
Support 0.25
Residence 0.3
IRIS - Beginning of New Cycle?Starting new cycle.
Impulse 5 wave and Corrective ABC completed. - See 1 day time frame on the right.
Possibility of ABC or impulse 5 wave.
Now either at the start of wave C or Wave 3.
Trading Plan
Looks more like ABC Zig Zag
TP 1 : 61.8% of wave C @ 0.34
TP2 : 100% of Wave C @ 0.38
Or TP when there is clear 5 waves of C completed
EP : When price breaks 0.305
CL : if price goes below 0.300
Iris: Target Near 0.45Hello traders,
Not much to say in the write-up as the chart speaks for itself!
:)
