TA for Wilmar,
- Trend - Side (Trending along 100D and a flat MACD line)
- Momentum - Overbought
- Support - 5.25
- Resistance - 5.50
- Volume - below average (it needs high volume for a breakout)
- Candlestick - doji
Wilma is now testing again the 5.50 resistance line for the 6th times, this is an important psychological resistance. For a breakout, above average volume is needed (at the moment, it lacks of that volume push). Do watch out for the volume to break resistance.
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