CFD Trading – Buy Wilmar (F34.SGX) @ $4.08. Stop @ $3.98 and Target @ $4.24.

Wilmar Stock Code F34.SGX


Price closed at the edge of the cloud and at the point of the Ichimoku V-shaped reversal in the previous trading session. A move above this point would change the chart outlook to bullish. Conversion line and Base line had a bullish crossover and is hinting at a bullish price trend. Lagging Span is above price of 26 days ago but is inside the cloud. MACD is below the zero line but could be moving above the zero line soon. If price is able to move above the cloud, it could be heading towards the previous resistance high at $4.24 in the next 2-3 weeks.


$4.08                 Buy

$4.24                 Price Target

$3.98                 Risk Management Stop

3 weeks              Trade Duration

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.