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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:

  1. AnonymousThursday, January 06, 2011 3:06:00 PM

    hi. please look at SAR'chart.
    when the line of sma10 cross sma 30,does it mean the price will move higher?

    ReplyDelete
  2. SgTraderThursday, January 06, 2011 5:05:00 PM

    means generally bullish. btw, i don't use 10 and 30, i know some others using.

    ReplyDelete
  3. AnonymousThursday, January 06, 2011 5:08:00 PM

    what do you use? 20 and 50?

    ReplyDelete
  4. SgTraderThursday, January 06, 2011 5:12:00 PM

    yar... but nothing superior

    ReplyDelete
  5. AnonymousThursday, January 06, 2011 5:19:00 PM

    do you think cosco will move higher?
    seems it doesnt move much after break out

    ReplyDelete

Thanks For Your Insightful Comments!