Tuesday, January 02, 2007

TWSPLNT [6327] > Current price RM2.10

TWSPLNT [6327] > Current price RM2.10

Tradewinds Plantation has formed a bullish ascending triangle. Both its MACD and DMI are positive. All it currently lacks is volume to push it decisively above its overhead resistance. Seeing a buoyant overall market, i Capital rates Tradewinds Plantation a trading Buy with a target of RM2.60. Place relevant stop loss.