Ziwo Breaks Out!
Ziwo is breaking out from an Ascending Triangle with a price target of $0.434 (which is also a 138.2% Fibonacci Retracement Level).
Gallant: Closing in 52 weeks high!
Gallant has reached the target price of $0.37 since last breakout from the Ascending Triangle. Currently Gallant stock price is close to 52 weeks high and high chance to pull back when reach the resistance at about $0.46.
Wilmar International: Testing an Important Resistance
Wilmar is testing an important resistance for the 3rd time at about $6.45. Do take note that this level proves to a strong and tough resistance to be broken for the past few occasions. Coincidently this level is also very near to the current 200D MA, and also the resistance of a potential Ascending Triangle pattern. If this $6.45 is broken, the next immediate resistance is at $7.00. Else, Wilmar will reverse the trend with the immediate support at about $6.044 (78.6% Fibonacci Retracement Level).
