Selling in Wilmar International is almost done .....At least I think so........haha
It has dropped almost 27% from its peak at 5.64 and the price has gone south ever since. By drawing the support line and the channel where the current price is forming, we can exercise slightly more patience before picking up this stock.
This wait could be days or weeks or even months. Meanwhile, you can better deploy your capital elsewhere. Again, what suits my style may not be suitable for you since I do not know your investment objective, reason for picking up Wilmar International ,etc.
Please do your own due diligence
F34
F34 (Wilmar Int) - SGX - Bullish PredictionHumbled, we would like to thanks for your support who has already liked, commented and followed us.
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F34 (Wilmar Int) - SGX - Bullish Prediction
STI Wilmar F34 seeks $4.54 to resume uptrendWilmar resumed its uptrend LT in July 2019.
Multiple buy signals MT and ST were issued on 270720 and 250920 @$4.41-$4.46
PIVOT : $4.54
Buy at the break and hold above $4.54
Target ATH of $7.29
Stop Loss $4.36
A break of $4.36 will negate the ST buy signal and test $4.04