IRIS trade ideas
IRIS: Adakah kau masih ku cintai? MAYDAY MAYDAY!
Big selling volume and big bearish candle are spotted! IRIS struggled to push through 0.450 and took some heavy selling last friday?
If you are still inside and apply 'Hope Analysis', do take care of the immediate support which is at 0.345 and 0.325.
But with hot rumors that IRIS will get the NIIS job, the price may go up and possible to push through all the way to its Resistance which is at 0.500.
IRIS 4/8/20IRIS bo bersama vol yg solid.Namun tekanan jualan panic membuatkan iris tidak mampu bertaha dan tidak tutup solid marubozu.vol belian yg kuat mungkin akan meneruskan kenaikan.
IRIS antara calon utk NIIS project.
CHART INI HANYALAH UTK KAJIAN DAN BUKAN BUYCALL SILA JAGA TRADING PLAN TUAN/PUAN.
IRIS - Short Pullback, Need Strength Towards The ResistanceToo early to say Double Tops.
Green Arrow (Transparency = 0) = Representing Opportunity
Red Arrow (Transparency = 0) = Representing Risk
Green Arrow (Transparency = 30%) = Representing Alternate View for Opportunity, or less probable outcomes
Red Arrow (Transparency = 30%) = Representing Alternate View for Risk, or less probable outcomes
DISCLAIMER: This analysis is for educational and informational purposes only. It is based on my personal view in the market from a technical standpoint. None of information posted in this page can be used as investment decisions except for educational purpose only. Do not trade solely on the information posted in this page. Trade at your own risk and judgement. A trader could potentially lose all money. Only risk capital that can be lost without jeopardizing ones financial security of lifestyle. Please seek licensed professional guidance if you plan to invest your capital seriously.
PENAFIAN: Analysis ini hanyalah untuk tujuan pembelajaran & pendidikan sahaja dan bukan cadangan untuk membeli atau menjual stok atau apa jua jenis instrumen kewangan. Anda dinasihatkan untuk menghubungi remieser / dealer / bank pelaburan yang mempunyai lesen atau kelayakan yang sah untuk bertanyakan pendapat dan menguruskan pelaburan anda. Pelaburan dan perdagangan mempunyai risiko tinggi, dan ianya adalah Risiko Anda Sendiri.
IRIS - Expected Next Swing Extend Previous High by 27.2%Opportunity and Risk
DISCLAIMER: This analysis is for educational and informational purposes only. It is based on my personal view in the market from a technical standpoint. None of information posted in this page can be used as investment decisions except for educational purpose only. Do not trade solely on the information posted in this page. Trade at your own risk and judgement. A trader could potentially lose all money. Only risk capital that can be lost without jeopardizing ones financial security of lifestyle. Please seek licensed professional guidance if you plan to invest your capital seriously.
PENAFIAN: Analysis ini hanyalah untuk tujuan pembelajaran & pendidikan sahaja dan bukan cadangan untuk membeli atau menjual stok atau apa jua jenis instrumen kewangan. Anda dinasihatkan untuk menghubungi remieser / dealer / bank pelaburan yang mempunyai lesen atau kelayakan yang sah untuk bertanyakan pendapat dan menguruskan pelaburan anda. Pelaburan dan perdagangan mempunyai risiko tinggi, dan ianya adalah Risiko Anda Sendiri.
SHORT TERM17/7
Short term
1. Chart Pattern
- Bullish
- Sedang retrace
- RCP - Bullish engulfing.
2. Moving Average
- using SMA5, EMA20, EMA50 for short term
- SMA5> EMA20 > EMA50
- Last price close above EMA20 (melantun)
3. Indicator
RSI - 59 , petanda trend masih okay (Using RSI 40-50 as support)
BB - Bounce around midBB
MACD - crossing down (lagging) but still above 0
StochRSI - at oversold area
Trading plan
Can wait on 20/7, if close above SMA5, can consider entry
EP - 0.240-0.25 (around SMA5)
TP - 0.280 - 0.290 (upper BB area)
CL - 0.215 - 0.220 (10%)
IRISMy simple view on this counter.
Price already approached sell zone @ weekly and daily TF. It is very risky to buy at current price as rejection may occur at this area. It is better to wait and see the price movement.
Suggest to buy in decision point area as swap base occur which signal trend changeover from DT to UT.
IRIS - Short Term Bullish After of After Previous High @ 0.195Opportunity and Risk
DISCLAIMER: This analysis is for educational and informational purposes only. It is based on my personal view in the market from a technical standpoint. None of information posted in this page can be used as investment decisions except for educational purpose only. Do not trade solely on the information posted in this page. Trade at your own risk and judgement. A trader could potentially lose all money. Only risk capital that can be lost without jeopardizing ones financial security of lifestyle. Please seek licensed professional guidance if you plan to invest your capital seriously.
PENAFIAN: Analysis ini hanyalah untuk tujuan pembelajaran & pendidikan sahaja dan bukan cadangan untuk membeli atau menjual stok atau apa jua jenis instrumen kewangan. Anda dinasihatkan untuk menghubungi remieser / dealer / bank pelaburan yang mempunyai lesen atau kelayakan yang sah untuk bertanyakan pendapat dan menguruskan pelaburan anda. Pelaburan dan perdagangan mempunyai risiko tinggi, dan ianya adalah Risiko Anda Sendiri.