Monday, December 26, 2016

Wilmar - A Short Term Rebound

Looking at the 5 minute chart, Wilmar looks like it's due for a rebound. The market is closed today but tomorrow I will be monitoring this counter together with other commodities stocks. After falling from such a high cliff to reach a temporary support, I expect some buyers to come in to support the stock. I am not sure how high it might go, but let's see what's the market condition tomorrow.

Ronald K - Market Psychologist - A Stock Market Opportunist