15 Apr '12, 10am

Stock Chart: Wilmar, Biosenors!

Stock Chart: Wilmar, Biosenors!

Stock Chart: Wilmar, Biosenors! by Dou on April 15, 2012 On Friday, Wilmar re-test the critical support at $4.79 and closed at $4.82 with LOW volume of 5.16 million shares traded. During the past 10 bars, there have been 2 white candles and 6 black candles for a net of 4 black candles. During the past 50 bars, there have been 16 white candles and 28 black candles for a net of 12 black candles. Both RSI & MACD are flat as RSI trend sideways. Important Resistance of Wilmar: $5.04 Immediate Support of Wilmar: $4.79 Currently prices are resisted by 20 days MA. Since Feb 2012, prices have been falling forming a lower low and lower high. This is a bearish signal. The support at $4.79 is a critical level where prices cannot afford to fall through. Wilmar currently is very bearish and resting on the support of $4.79 though no selling … Read the full article → Related posts:Stock C...

Full article: http://thefinance.sg/2012/04/15/stock-chart-wilmar-biosen...

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