Wilmar seems that hitting a tough resistance at $3.50 and unable to clear the level for the past 4 sessions. Note that there is probably a short term retracement back to the support of about $3.30 after Wilmar chart showed a Dragon Fly Doji, Hanging Man with a bearish candle. If Wilmar is able to find a good support at about $3.30 and rebound from that level, Wilmar will start an uptrend because it is a clear “Higher High, Higher Low” uptrend pattern.
Original Post by Marubozu @ My Stocks Investing Journey.
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