Wilmar (technical)

Wilmar : Trading Central says the stock remains on on bullish trend after the upside penetration of a medium term declining channel. The 20day simple moving average also reversed up and cross above the 50day. Daily RSI stands firmly above its 50% support. As long as $3.35 (horizontal support) is not broken, expect further advance to $3.65 then $3.75 in extension.