IRI is a fairly stable stock focused on tech SAAS products in the BI space (and others). This has bounced yet again along long-term support $2.10 and may achieve targets (again) around 2.20-2.50. Good repeat trade cycle with this one.
Recent director buys around $2.15 and now $2.50 are giving some credence to IRI for future positive growth. Having taken a beating in the last 6 months or so, it seems to have found some support, and it looks like management have taken the message that change is needed.. likely with how licensing is structured with the business. It's a good product, and a well run...
IRI has been consolidating for a while, but may be ready to lift off after some good volume yesterday (due to decent HY reports). Target around 2.80-3.00.'
IRI - Trying to break at 3.50 to the upside
The price and volume breakout we seeing today could lead share prices to its next target at around 3.78, but first, it needs to hold above 3.50
IRI has been in a stage one consolidation for a while now. History says it knows how to trend. It might need another week or so to tighten up, but looks like it has been supported and accumulated. Supply may dry up soon and a new trend will begin
Offers 15% potential between top and bottom drawn support and resistance
If it makes higher highs past $3 then continue to be patient and wait for further higher highs and higher lows to confirm that it's on the uptrend before getting in for a swing trade
On the weekly chart, IRI is in a down trend and is hitting the moving average line, so wait and see...
Integrated research consistently delivers year after year with a combination of organic and acquired growth. Tight balance sheet and repetitive income.
Currently consolidating into an ascending triangle for a further push upwards. Trending up in a long run and all above the moving averages. Doesn't scare with aggressive pullbacks. Usually just consolidates...
