Shares & Derivatives
Wilmar Intl – The selling continues after the temporary rebound! Likely to see further selling down pressure!
By Singapore Stocks Sharing  •  November 28, 2023
She is back to 3.60, high chance she may go down to test 3.48-3.50. Breaking down of 3.48 plus high volume we may see her going down to revisit 3.00. Pls dyodd. The director recently has  bought back share from 3.60+ to 3.70 , it might be an indication price is attractive! Chart wise, bearish mode! Indeed, she has gone down to touch 3.50 I think short term wise,  likely to see a technical rebound! At 3.51, yield is about 4.84% for this blue chips commodity counter I think the yield is quite decent! She will be reporting her 3rd quarter results on 26th October . Not a call to buy or sell! Pls dyodd. Wah, crucial moment! I think is good to monitor and wait for market confirmation! Yearly dividend is 17 cents. Yield is 4.73%. NAV 4.22. Pls dyodd. TA wise,  bearish mode! If 3.60 cannot hold the high chance she will go down to test 3.53/3.50. Breaking down of 3.50 plus high volume we may likely see her going down to test 3.28 than 3.00 and 2.94....
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By Singapore Stocks Sharing
All information is just for sharing on https://spore-share.com or https://spore-share.blogspot.com (Trade/Invest base on your own decision). Thank You! For trading, be firmed in executing your stop loss strategy. Also don’t be too eager to take profit to early. Let your profit run. For Investing it is good to read up and educate yourself to know the basic financial analysis. Learn how to identify good company to invest . Pick those company/counter that you are familiar with their business.
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