Wilmar looks like forming a new up trend after showing a good support up trend line. A potential higher high may be formed when Wilmar faces the 200D MA resistance at about $6.40. A good entry point is between $5.90 to $6.00 when Wilmar retraces back to the uptrend support line.
Wilmar: Forming a New Up Trend?
- Post author:Marubozu
- Post published:July 25, 2010
- Post category:Wilmar International
- Post comments:0 Comments
Tags: Up Trend Support