Monday, November 19, 2012

Wilmar (technical)

Wilmar: Trading Central says the stock is still supported by the key resistance at $3.00, and the bullish gap on 14 Sep '12. Notes the RSI has crossed above its neutral level and remains strongly supported by a rising trendline. Believes above $2.98, further upside should be expected to $3.43 and $3.60 in extension.

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