Wilmar

Wilmar

Wilmar looks like a rounding bottom formation with resistance at around 3.7 round number.
Should it manage to break and close above 3.7 level, the price target is at around 4.44.
At price level 4.44, there is a strong resistance waiting.
1) The previous strong bounce-off support which could turned into resistance.
2) Falling window resistance area.
3) Price target of rounding bottom.
4) 50% Fibonacci retracement level.

This counters looks not bad for long-term investment. And those who used to be in my skype group, I rmb i mentioned Wilmar to hit $3 and it will be a good level to enter - it came true. Haha.