Wilmar (technical)

Wilmar: Trading Central notes the stock is still on the upside, supported by a ST rising trend line. Both the 20-day and 50-day moving averages are turning up, and play well as support roles. Furthermore, the RSI bounced off its neutrality area at 50%. As long as $3.25 is not broken, further advance seems more likely to $3.75 and $3.92 in extension.