Jaya Holding – Successful Breakout!
Jaya Holding has finally broke out successfully and hit the target price of $0.58.
http://mystocksinvesting.blogspot.com/2009/12/jaya-holding-is-this-time-real.html
The next resistance is seen at $0.60.
The immediate support is around $0.57 and $0.58.
Wilmar – Waiting For The Breakout
Wilmar is forming a Symmetrical Triangle and looks like going to breakout soon. If Wilmar breakout and move up, target price is $7.40. If Wilmar breakout and move down, the stock may move to $5.30. OCBC Investment Research has a BUY rating for Wilmar with a fair price of $8.23 (base on FY10F 20x EPS)
