Wilmar Intl
Last:3.06
+0.01
Wilmar - Watch for a Strong Rally to Come!
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861-880 of 1250
Super super cheong now.Wasted sold off at 3.48.
gavinl ( Date: 02-Jan-2013 14:47) Posted:
| Super run today but will it sustains? |
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Super run today but will it sustains?
Moving Average
Sorry to ask but what is MA?
Wilmar break through the $3.37 resistance tending higher to test $3.43.Pricing above the 100 MA.
The counter is for short terms breakup, that is why I did not vest, although the trend of breakup is obvious.
As the technical is not support by fundamental, the palm oil pricing is still in the decline. Thus, it will not be able to substain the technical since the earning will not be increase due to lower selling price.
Attached the chart of the palm oil for past 5yrs and 1yrs. Currently still seems to be in the downwards trend for the palm oil price.
Volatility in agri commodity prices looks set to continue into 2013, according to a report from Rabobank’s Agri Commodity Markets Research department. This will be particularly true for grain and oilseeds markets, with a supply squeeze in the first six months expected to push prices higher, before an expected production rebound leads to a weakening in prices in the second half of the year. The report says soymeal is the commodity likely to show the largest price decline by the end of 2013.
Read more:http://rabobank-food-agribusiness-research.pressdoc.com/35095-rabobank-2013-commodities-outlook
So far so good, Wilmar rallied to & reacted down at 3.37 , may proceed to 3.47 react down a bit , then to 3.59/63 before suffering a strong reaction down .for more detail illustration, pse see my wilmar chart. TQ. disclaimer applies.
hello123 ( Date: 21-Dec-2012 12:18) Posted:
I think yesterday the public got sucked in at probably from 3.23 to 3.28 on high volume at about 9.20am so today the operator used the fiscal talks stalemate ( dow futures down 200 pts at one point ) to shakeout the public first before pushing up further.
so the trick is to enter just before the breakout like what my students did on wed 19 dec or enter on retrace ( or shakeout ) after the breakout like today or maybe monday . |
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So far so good, Wilmar rallied to & reacted down at 3.37 , may proceed to 3.47 react down a bit , then to 3.59/63 before suffering a strong reaction down .for more detail illustration, pse see my wilmar chart. TQ. disclaimer applies.eurekaw ( Date: 21-Dec-2012 09:31) Posted:
What should be the right plan?
risktaker ( Date: 21-Dec-2012 06:50) Posted:
| ok but wilmar wont follow ur plan......thanx for sharing... |
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Wed $3.15 :)
up fast . Down also fast . Mon $3.30
Hope it will regain its shine again soon
Octavia ( Date: 28-Dec-2012 11:28) Posted:
| Yes the " bullish fever" for Wilmar still there and holding up well with hope of year end window dressing rally !!! And BBs would probably want to smash that 3.80s,200 MA resistance by early Jan 13. |
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Yes the " bullish fever" for Wilmar still there and holding up well with hope of year end window dressing rally !!! And BBs would probably want to smash that 3.80s,200 MA resistance by early Jan 13.
Yeah men, keep cool n calm , waiting $$$$$$$ to the bank!!!!!
Octavia ( Date: 28-Dec-2012 00:30) Posted:
ongahhuat888 ( Date: 27-Dec-2012 15:20) Posted:
What about goldenagri? going to chong or not? |
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I'm also eyeing a re-entry for my january 'book'.. See what's the price in the morning.
Tax reduction and waiver on palm oil export in malaysia and indonesia kicks in in January.
ongahhuat888 ( Date: 27-Dec-2012 15:20) Posted:
What about goldenagri? going to chong or not? |
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What about goldenagri? going to chong or not?
Malaysian crude palm oil futures were up 1.6 percent on expectation of higher prices partly due to weather conditions. Indonesia's move to cut export tax to 7.5 percent for January from 9 percent for December may also benefit Wilmar.
News from Reuters.
still has to be v cautious. mkt is oversold.. make $ take $ 1st.
eurekaw ( Date: 27-Dec-2012 10:55) Posted:
fantastic move
Octavia ( Date: 27-Dec-2012 10:07) Posted:
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