Wednesday, November 21, 2012

Wilmar

Wilmar: UOBK Technicals says the charts tip Buy on Wilmar with TP $3.40. Says the stock could be forming a bottom at current prices and has crossed above its mid-Bollinger band and 55-day moving average. The MACD indicator has trended higher and could be attempting to cross above its centerline. Tips placing stops below the $3.06 support. Notes its fundamental reasearch has a Sell call with TP $3.30.

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