Thursday, January 31, 2019

Wilmar - Longed 30 Lots








Longed 30 lots of Wilmar the other day. This counter looks not bad but pretty flushy in a tight range. It looked like it wants to run but always got testing where the stock was sold down on low volume and then slowly it recovered. It's very hard to short term trade this counter and hence swing trade should be the way. Did a private event yesterday and share my analysis on this counter and most agree the stock looks ok. I am not too sure how far it can go but with the new IPO in china, the stock looks bullish in my opinion at the moment. Let's see.

Ronald K - Market Psychologist - A Stock Market Opportunist