Thursday, December 15, 2016

Wilmar Intl - Triggered 3.58 Low

Wilmar triggered a day low of 3.58 earlier just now when there was a panic sell down. The stock was literally in the selling mode for the whole day where buyers are not supporting higher prices at all. Looking at closing, Wilmar will have another short rebound up to around 3.62-3.64 range before another sell down is going to happen. Should this sell down happen, it might be a deep elongated one. We shall see. Looking at the next turning point for shorting opportunities. Get ready your CFD!

Ronald K - Market Psychologist - A Stock Market Opportunist