CFD Trading – Buy WILMAR INTL (F34.SGX) @ S$3.14. Stop @ S$3.09 and Target @ S$3.35.

INGPO

WILMAR INTL  Stock Code F34.SGX

Outlook

Price broke and closed above the cloud, turning the chart outlook bullish. There is a bullish conversion and base lines crossover that hints at potential reversal ahead. MACD is bullish and is rising. These could increase chances of the stock price moving higher.

Strategy

S$3.14         Buy

S$3.35          Price Target

S$3.09         Risk Management Stop

3 weeks      Trade Duration

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