Tuesday, 5 August 2014

Stock to Watch - Ireka and Ireka-wb

Ireka & Ireka-WB 
Trading near resistance 0.695 and potentially fill up the gap by right issue in mid term. MACD pointing up which show uptrend intact. The accumulation shows price will challenge the resistance in short term. 
The potential break up might also bring its warrant to challenge new high after the listing date. Ireka wb jz break above resistance today and potentially challenge 0.33 for next level. Lets watch closely how far it can goes.
Stop loss price: 0.65
First target price : 0.695
Second target price : 0.8
Stop loss price: 0.26
First target price : 0.33
Second target price : 0.4
Happy Trading and be patient!

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