On Monday, Wilmar re-tests the resistance at $3.17 and closed at $3.15 with HIGH volume of 10.67 million shares traded.

Both RSI & MACD are flat as RSI trend sideways.

Important Resistance of Wilmar: $3.17

Immediate Support of Wilmar: $3.09

Currently prices are resisted by 20 days MA at $3.17

Prices tried to break the resistance at $3.17 with high buying pressure today but failed. This affirms that bulls are trying to break out for this resistance

The support at $3.09 is expected to be strong.

Since 25/Jun, prices have been consolidating between the support at $3.09 and resistance at $3.17. We would suggest buying near the $3.09 support if possible.

Stock Chart: Wilmar! is contributed by : Singapore Stock Information Exchange