Weekly market analysis covering Singapore, US, Hong Kong and China — stocks, REITs, ETFs and trading perspectives.
Thursday, January 6, 2011
Wilmar
Wilmar, this falling angel disappointed many, was greatly influenced by China government policy and recently was dumped again, due to its venture into China property market. Anyway I still have a faith in it, it's forming a bullish divergence between its price and RSI, the downside is limited.
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5 comments:
hi. please look at SAR'chart.
when the line of sma10 cross sma 30,does it mean the price will move higher?
means generally bullish. btw, i don't use 10 and 30, i know some others using.
what do you use? 20 and 50?
yar... but nothing superior
do you think cosco will move higher?
seems it doesnt move much after break out
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