Tuesday, August 14, 2018

Wilmar - Q2 Profit Surged

Wilmar just announced their Q2 good results and the stock just surged high where it gap up at opening with a super long bar. Click below to see the news.


The stock was breaking down yesterday with the overall general market and at first glance it looked like it was tanking further until the news was released. I studied the chart carefully but I see no signs of bullishness and until today, it's still a short term selling to me since the stock gap up with a long bar. I would look to take profits on this piece of news now.


Ronald K - Market Psychologist - A Stock Market Opportunist