Wilmar (technical)

Wilmar: Trading Central sees more upside, as the counter remains supported by a short term rising trend line. Both the 20 day and 50 day moving averages are turning up, and play well as support roles. Furthermore , RSI has just bounced off its neutral area at 50%. As long as $3.25 is not broken, look for further advance to $3.60 and $3.75 in extension.