Wilmar Intl Stock Code F34.SGX
Outlook
Price, after reaching a high on 4 April 2023, went into a correction. The correction was supported by the cloud, keeping the uptrend intact. Conversion line and base line remain in a bullish crossover and is hinting at a bullish price trend. Lagging Span is above price of 26 days ago but is below the cloud at the moment. MACD is above the zero line and is hinting at a bullish price trend. If price is able to stay above the cloud, it could be heading towards the previous resistance high at $4.28.
Strategy
$4.06 Buy
$4.28 Price Target
$3.94 Risk Management Stop
3 weeks Trade Duration
