Buyers starting the march higher so time to watch for the entry

Potential Buy Entry Alert to Watch IRI

Time Frame : Daily

Sector : Software and Services

Key Stats : $493.24 Million Market Cap, VWAP 2.959, ASX Ranking 355, 4 Week Av Turnover $539,174, Current Turnover (Intraday as at time of alert) $618,507, PE 22.8, Div Yield 2.44%.

Company Overview : Integrated Research Limited (IRI) is involved in the design, development, implementation and sale of systems and applications management computer software for business computing, Unified Communication networks and Payment networks.

Broker Consensus : BUY

IRI – Integrated Research Limited

IRI has spent the best part of the year range bound as buyers build up steam for a run to the highs. Price recently pushed up through resistance around 2.80 after a new CEO was appointed that buyers are taking as a positive for future growth. We are now watching for a buy entry to set up for a chance to jump on board.

Stock Code : IRI – Integrated Research Limited

Company Website : www.ir.com

Current Price : 3.00

Status : On watch for potential move up through 3.80