CFD Trading – Buy Wilmar Intl (F34.SGX) @ $4.15. Stop @ $4.05 and Target @ $4.29.

Wilmar Intl Stock Code F34.SGX


Price reached a high of $4.29 on 4 April 2023 and went into a corrective decline.  The decline was halted by the Base line above the cloud, keeping the uptrend intact. Conversion line and Base line remains a bullish crossover, hinting at a bullish price trend. Lagging Span is above price of 26 days ago and is above the cloud, confirming the bullish price trend. MACD is bullish and is hinting at a bullish price trend. We think price is likely to move higher to the previous price resistance at $4.29 in the next 2-3 weeks.


$4.15                 Buy

$4.29                 Price Target

$4.05                 Risk Management Stop

3 weeks              Trade Duration

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