Monday, May 6, 2019

Wilmar - Gap Down From Top

Studying the Top Volume and saw Wilmar flashing in the Top Volume where it gap down from the top. The STI sold down even more with -93 points from the -76 points earlier. Wilmar gave way and started to fall harder as reflected in the 5 minute chart. The market went south and a deep south with so many stocks retreating. It's the first time Wilmar started selling down and will it trend lower? I believe for swing trade, it's good to start watching signals for shorting.

Ronald K - Market Psychologist - A Stock Market Opportunist