Monday, July 3, 2017

Wilmar - A Flush Happened?

Looks like a flush might have just happened in Wilmar. The buyers just came in to support the prices. The panic sell down in the minute chart combined with the buyers willing to take bulks at low prices just proved that my judgement was right not to short even at the first glance it looked weak. Since now that the buyers are in, the question is will the buyers continue to support and sustain the price? Watching for more clues in the min chart.

Ronald K - Market Psychologist - A Stock Market Opportunist