A bearish cross has been sighted on Wilmar, one of the best performing stock on the SGX.
On the Daily Chart, we can see Tenkan sen cutting Kijun sen around Sept 30.
The price dips into the kumo and rebounded till 6.47 (ending the day with a doji). A doji on the candlestick is a sign that the bears and bulls are fighting. It is too early to say who will win.
From this level till the high of 7.02, it will be critical test for Wilmar….
Source: http://tradingichimoku.com
No related posts.
Related posts brought to you by Yet Another Related Posts Plugin.