Wilmar International: 11 June 2014, Wednesday, 2.17am Singapore Time
Chart courtesy of Chartnexus.com
<< WARNING: Failure To Rebound on MAXIMUM +10.000 FFA >>
+ Maximum +10.000 FFA in the big wind/broad market is completing and U-turning, and this had been the best performance that this stock can offer (to be trapped within bearish triangle within a +10.000 FFA: clear intentions to break down big time).
+ Resumption in sell-off will now proceed to do further damage.
+ Financial markets are transiting to bear markets as per warned beforehand in Daily Funds Flow Analyses.
Corrective wave is ending for resumption of the Major Down Wave.
Donovan Norfolk Technical Rating:
End of Consolidation with many retailers trapped
Bearish
(Sell on Rebounds)
End of Consolidation with many retailers trapped
Bearish
(Sell on Rebounds)
Donovan Norfolk Ang
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