WILMAR INTL Stock Code F34.SGX
Outlook
Price is trading below the cloud, keeping the downtrend intact. Conversion and base lines remain in a bearish crossover that hints at more downside ahead. MACD is bearish and is moving lower after a bearish crossover. We are likely to see price breaking its recent low to move lower.
Strategy
S$3.33 Sell
S$3.08 Price Target
S$3.42 Risk Management Stop
3 weeks Trade Duration
