![Happy National Day-[Happy 52th Birthday Singapore]](http://singaporehumblestock.com/wp-content/uploads/2017/08/NDP-celebration-2017.jpg)
As Singapore celebrate 52 years of Independence today, We at Singaporehumblestock.com would like to wish everyone a Happy National Day Holiday.
Just to remind that Singapore Market is closed today (in case if you have forgotten) and will resume trading tomorrow.
Have a restful Wednesday.
Yours
Humbly
Kelwin&Roy
Best World has met our target and we hoped you all learnt something from our sharing. It has also hit our upper trend line resistance too.
Best World has also released a set of good results and even increased their dividend policy. You can read more here
Should best world breaks out and stay above 1.60-1.605 we could see it move higher to 1.70. Something to note, after most companies report their results there has been some profit taking. So do watch for that during the day.
If you noticed, the 20 days moving average has cut the 50 days moving average which is a good sign but had you traded on the cross, you would have gotten in a lot later.
We’ll be conducting a free workshop on our trading strategy very soon so do keep a look out for it.
Yours
Humbly
Kelwin&Roy
Best World which we blogged on Monday night is fast closing in on our target of 1.60 first. Its the horizontal resistance and at the same time upper band of the trend line channel. We’ll raise our trailing stop of course to protect our profits.
Don’t forget its results will be out next Monday after market hours. So protecting some profit is good just in case of any rude shocks.
We’ll be organizing another workshop very soon. Some things we’ll share would be how to develop a trade plan and sharing with you our strategy . More Details will be out soon.
Yours
Humbly
Kelwin&Roy
Wilmar in a range recently for the last month is seeing some upwards movement. A nice base at 3.27 has been formed so that will be our support for now. If it goes below 3.27 then it might start another wave of selling.
It is currently trading above 3.39 but it has to close above that if more upside were to come. Its results will be out on 10th Aug after market hours so do that note of that too. The next possible upside might be 3.48 first.
Wilmar has business in the palm oil sector, sugar and other agriculture business. It is part of the Straits Time Index component stock.
Yours
Humbly
Kelwin&Roy
