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Tuesday, September 25, 2012

Wilmar: Recovery on the Way

STI dipped down yesterday and lost 10points. Today it has recovered most of its loss at 3073 now(9.51am). The index is pretty much in a sideway consolidation in the range of 3060-3088, with bullish bias.

Wilmar: I continue pay my attention to Wilmar, it rebounded recently after hit new low 2.99, to recent high at 3.35, has been flat in between 3.35-3.19 for one week, today it started to move up a bit a again, at 3.26 now(9.59am), my immediate target is 3.60 if it can break above recent high 3.35.

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