Wilmar Intl    Last:3.14    +0.01

Wilmar Chart Updates

How to challenge? 200MA already start taking a steep turn. 200MA dun turn for fun and when it does turn, no clever managements or government policis to "return" it !

tact888      ( Date: 24-May-2010 13:26) Posted: Wilmar Key Support and Resistance Levels Currently trading in a range between the green immediate resistance band and the lavender immediate support band. Any upward surge will need to breakout above the major pink resistance zone followed by the filling of the huge gap before meeting the light blue gap resistance belt. This new bear counter must now redeem itself by challenging both the 200SMA and 200EMA. The ability of rejoin the bulls maybe short live if the Ichimoku Kumo bear grip blocks further upward move. Take note that any weakness will result in a breakdown below the lavender immediate support band and retest the orange support band. Support failure here will probably trigger a bear raid towards the $5 milestone. View chart at http://tactcharts.blogspot.com/2010/05/wilmar-key-support-and-resistance.html

 

Wilmar Key Support and Resistance Levels

Currently trading in a range between the green immediate resistance band and the lavender immediate support band. Any upward surge will need to breakout above the major pink resistance zone followed by the filling of the huge gap before meeting the light blue gap resistance belt.

This new bear counter must now redeem itself by challenging both the 200SMA and 200EMA. The ability of rejoin the bulls maybe short live if the Ichimoku Kumo bear grip blocks further upward move.

Take note that any weakness will result in a breakdown below the lavender immediate support band and retest the orange support band. Support failure here will probably trigger a bear raid towards the $5 milestone.

View chart at http://tactcharts.blogspot.com/2010/05/wilmar-key-support-and-resistance.html