We shorted Wilmar on Tuesday as the stock showed some bearishness with some profit taking in the minute chart. The next day, the stock reached a low of 3.64 before rebounding back to 3.7 with some minor good news. However good news at the peak is always bad and the market I believe has reached a saturated point for emerging sellers. Today the stock gap up a little and started to slide down with more sellers to a low of now 3.61/3.62. Congrats all who shorted. I will be sharing more on my Whatsapp in my last workshop this year. Interested parties can register.
Ronald K - Market Psychologist - A Stock Market Opportunist