On Friday, Wilmar re-test the critical support at $4.79 and closed at $4.82 with LOW volume of 5.16 million shares traded.

During the past 10 bars, there have been 2 white candles and 6 black candles for a net of 4 black candles.  During the past 50 bars, there have been 16 white candles and 28 black candles for a net of 12 black candles.

Both RSI & MACD are flat as RSI trend sideways.

Important Resistance of Wilmar: $5.04

Immediate Support of Wilmar: $4.79

Currently prices are resisted by 20 days MA.

Since Feb 2012, prices have been falling forming a lower low and lower high. This is a bearish signal.

The support at $4.79 is a critical level where prices cannot afford to fall through.

Wilmar currently is very bearish and resting on the support of $4.79 though no selling ...