Saturday, August 28, 2010

Interesting Charts: Plantation

Since plantation sector is going strong, lets look at some interesting plantation stocks.

IJMPlnt Weekly Chart

IJMPlnt: Looks like a breakout from a triangle formation.

IOICorp Weekly Chart

IOICorp: A breakout from a downtrend line.

KLK Weekly Chart

KLK: A breakout from a downtrend line.

Sime Weekly Chart

Sime: Found support at the uptrend line. Weekly RSI downtrend line indicates a breakout in the future.

Disclosure: No positions.

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