Tuesday, February 25, 2020

Wilmar - Round 2 Taking Profits





Another round of locking in profits in Wilmar and this time round, even higher price at 4.18 since the stock just kept trending higher during trading hours. If you study the 5 minute, you will see many bought earlier this morning and chasing the price up. I think that was the signal to lock in profits first instead of holding on on hope that it will trend higher. As I mentioned in my last post that Wilmar was in the Top 30 Volume which sometimes was seldom seen, it's good to again take in profits with $1960 for some good reward today. Beware of the market as it haven't showed signal of any major turns.

http://stockmarketmindgames.blogspot.com/2020/02/wilmar-big-rebound.html

Ronald K - Market Psychologist - A Stock Market Opportunist