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Stock Chart: Wilmar!
By Dou  •  August 22, 2013

Wilmar

 

On Thursday, Wilmar broke the resistance at $3.08 and closed at $3.10 with HIGH volume of 9.83 million shares traded.

Both RSI & MACD are bullish as RSI trend upwards.

Important Resistance of Wilmar: $3.17

Immediate Support of Wilmar: $3.08

Currently prices are well below the 20/50/100/200 days MA.

Today prices broke the critical resistance at $3.08 with high buying pressure. This is a bullish signal.

The support at $3.08 is expected to be strong.

If always interested in Wilmar, do consider buying tomorrow since the breakout indicates signs of reversal. Cut loss once $3.08 support breached with high volume.

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

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By Dou
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