Lately, Wilmar had some very positive news. However after the news was released, instead of selling down, the stock recovered and shot through the roof and thereafter the next day, it started to hit the ceiling and sellers then set in. I am observing this stock now for a good turning point up. The chart is not really beautiful but the price is pretty stable. I hope to see more bullish signals before taking a swing trade. I will share more on the entries and exits this coming Friday in my talk.
Ronald K - Market Psychologist - A Stock Market Opportunist
