Thursday, August 20, 2020

Wilmar Intl - 10% Drop Today



Wilmar Intl had a 10% drop today. The stock suddenly gap down from top today with a lot of sellers starting to throw. The bull has seen it's peak for this stock and the bear emerged today. The stock market had rallied for quite sometime now and I think it's time for some correction. Most of the Top 30 Volume stocks started to simmer today while the 3 banks were also suffering selling at the moment. Wilmar had some pt first and some distribution before the stock finally called it a quit today. Moving on to something else since the market is taking a break. Looking forward to the new stimulus plan.

Ronald K - Market Psychologist - A Stock Market Opportunist