Heil_Z

IRIS - Eyeing for Potential Breakout to 2014 high

Long
Heil_Z Updated   
MYX:IRIS   IRIS CORPORATION BHD
Strategy: Trading Range or Hold for Breakout

With the news flow coming in recently for IRIS we can see exactly that the insider play already in. When the news realized, as expected gap up and sell on news. IRIS always being speculated all the time when I start entering the stock market in 2007 till now while PENTAMASTER (the peers during this time still penny) already become bangsatwan stock.

For Bilis Traders, dont feel sad and try to average at the zone mark there where 2 rebound from the zone and high potentially to rebound for 3rd times and potentially to breakout and reach again at 2014 high.
With the current market sentiment, i would say its inevitable unless insider play and politician playing the plot again.

Good Luck !!

-Heil_Z-
#Are-Snuff Traders Club
#Bilis Traders Group
Trade active:
As of 11/2/2021 @ 2:43pm:
Still supported at 0.365 - 0.375 - looks still intact.
Ada untung sabut timbul ye tak..
Comment:
As of 14/2/2021:

Sharp call for entry..alhamdulillah.
Potential continuation as the momentum build-up after sell on news..Continue monitoring next week, continue waiting for significant bull candle for best time to take the profit on table..

Remember: Fear to the significant bull candle when u r inside..
Comment:
Entry: 0.36
Current Price: 0.355

Stop Limit: If price "close" below 0.345

Note: Possible to "ADD" more unit at current level..quadraple bottom
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