Iris had started forming a Bullish Falling Triangle pattern on somewhere in Mid Jan '21.
Eventhough they had been awarded with goverment project (NIIS) in March, the pattern keep intact.
Recently the triangle band had become narrowed. I anticipate that Iris had done it's final pullback and ready to breakout from the pattern.
1) it had reached the 0.205...
Today Barakah had made a strong move from 0.065 to close at 0.08 in one single day.
In shory, today's closed price is above it's downtrend line with strong buying power.
1) Looking at line (a) which is inverse with line (a'), showing that eventhough today's closing price is lower than that 6th July but RSI is ticking upward. This show that this counter...
Today close had signed that Ancomlb may just making a breakout from Bullish Flag pattern.
1) The flag candles is above MA20 line.
2) Macd had made cross.
3) EMA & MA had made crossover.
Disclaimer: This is NOT Buy / Sell call. This is for learning purpose only.