On Tuesday, Wilmar broke the support at $5.58 and closed at $5.50 with HIGH volume of 36.42 million shares traded.

A big black candle occurred.  This is bearish, as prices closed significantly lower than they opened.  If the candle appears as prices break below a support area, the long black candle confirms the failure of the support area.

Both RSI & MACD are bearish as RSI remains at oversold region.

Important Resistance of Wilmar: $5.58

Immediate Support of Wilmar: $5.35

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

Today Wilmar just broke its critical support with high volume.

This is a very bearish signal and we would expect more selling pressure to occur.

Watch for the last support at $5.35 if vested since all hell will break once that support breached with high volume.

On Tuesday, DBS broke the major resistance ...