Chart Source: Poemsview 4th Feb 2019
Wilmar part of the STI component and one of the few Palm oil related counters in Singapore reached our first resistance of $3.35 last thursday. It couldn’t break through that and succumbed to some profit taking.
It is important to know where the support and resistance for stocks so that a trader and plan and prepare before proceeding to enter a trade.
Our EXCLUSIVE CLIENTS were informed of that so they could PLAN, PREPARE and PROCEED knowing full well their stops and targets.
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