Tuesday, 23 July 2019

Updated Technicals of Wilmar International: 23 July 2019, Tuesday


Updated Technicals of Wilmar International:
23 July 2019, Tuesday
(Click on the Technical Chart Above to Expand)

Attached is the Updated Technicals of Wilmar International. Wilmar has completed the huge rounding bottom of massive accumulation. This is a brew for very large wave up. Palm oil and palm oil stocks worldwide are looking at this industry leader closely too. Wilmar is now ready to rally big time to way beyond $8.00 a share -- possibly to double digit in prices, i.e. >$10.00 a share. Only a rally to beyond $10 a share will make the huge massive accumulation (See Volume Flow in Chart) worth it.

The Donovan Norfolk Technical Rating:
Bullish


DISCLAIMER

This analysis site, as well as the analyses in it, is created for the sole purpose of education, discussion, fundamental analysis knowledge sharing, technical analysis knowledge sharing, funds flow analysis knowledge sharing, general skills-knowledge sharing and opinions sharing. The contents of this blog are not to be taken as investment advice or inducement to trade, and I take no responsibility for any gains or losses as a result of reading my analyses, judgements and opinions. In essence, practise due diligence. 

No comments:

Post a Comment