Wilmar (technical)

Wilmar: Trading Central believes the chart remains positively oriented, as the stock is trading above the 20day and 50 day moving averages, with a golden crossover just recently being featured. In addition, RSI is above the neutral 50 level and continuing to head upwards. As long as the $3.06 level is not broken, look for a further recovery to $3.44 and $3.54 in extension.