KUALA LUMPUR (Jan 10): RHB Retail Research said Iris Corp Bhd may trend higher after surpassing the 22 sen level in its latest session.

In a trading stocks note today, the research house said a bullish bias may be present above this point with a target price of 25 sen, followed by 30 sen.

“Support may be found at 21.5 sen, where traders can exit upon a breach to avoid the risk of a further correction,” it said.