Friday, November 25, 2016

Wilmar - Under Pressure

Under pressure for Wilmar at the moment. Shorted 3.47 and the stock trended higher to 3.59 today. When shorted, the stock had all signs of bearishness but then it just shot through and continued to climb higher which validated that I was wrong temporarily. I believe I have to exercise my axing action to avoid bigger loss. Se how it goes on Monday. Have a great weekend everyone.

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Ronald K - Market Psychologist - A Stock Market Opportunist