Wilmar Intl    Last:3.35    -0.08

Quarterly Result

THanks for wilmar to give me money to cover me shocking bounce from YEN/USD. Still don' t know what news, really catch me in surprise by turning a bear trend to a absolutely bullish mode. 

So, just keep changing counter will do, lose here doesn' t matter, so long as got chart skill, just look for another counter to cover the loss will do. 

Enjoy, I have taken my short term profit at 2.62 after seeing it not breaking, who hold it has to be firmed that today US market don' t close in red to surprise market. This is what shortsellers are expecting and do it now by defending it at current price.

Recently market is too volatile, i want to faint already. sigh..... 

 

short are defending at 2.62 now. so short term player can take a break, wait till midbollinger to catch up which is 2.55 and 2.57 only.

So, before catching it, short will try their best to slow down the price and hope can push price down a bit.

So what will i do for precise trading is cash out at 2.62 and wait for 2.55 and 2.57 to catch and go in again.

Enjoy day trade.

 

let' s hope for the best 2.72 4hr and 2.89 day chart resistance level.

this is so called short covering.

earlybird14      ( Date: 08-Sep-2015 16:21) Posted: ok break, 2.57-2.58. I think wilmar is wrongly shorted due to oversold position show on day, week and months chart. When thing turn good, the whole thing turn around fast.  So long as SSE and Wallstreet can perform well in next few days, We will see a strong bounce. Based on 4hr chart, last time wilmar touch this 4hr resistance and come down. just use this as a guidance, 2.72 will be the level to expect for this round bounce.

 

wonder why Deutsche Bank  downgraded wilmar to $2?

 

Great up above 2.6 oledi

hapygolucke      ( Date: 08-Sep-2015 16:20) Posted: Join in at 2.57 Heero78      ( Date: 08-Sep-2015 16:14) Posted: let' s do it.

 

ok break, 2.57-2.58.

I think wilmar is wrongly shorted due to oversold position show on day, week and months chart.

When thing turn good, the whole thing turn around fast. 

So long as SSE and Wallstreet can perform well in next few days, We will see a strong bounce.

Based on 4hr chart, last time wilmar touch this 4hr resistance and come down. just use this as a guidance, 2.72 will be the level to expect for this round bounce.

 

Join in at 2.57

Heero78      ( Date: 08-Sep-2015 16:14) Posted: let' s do it. earlybird14      ( Date: 08-Sep-2015 16:09) Posted: Apologise, the chart on google maps on 30mins chart is a bit lacking behind. My IG chart show 2.57 is the 30mins mid bollinger, which is the level defended badly now.  So if break and stay, just join together and push the price in last 1 h.

 

let' s do it.

earlybird14      ( Date: 08-Sep-2015 16:09) Posted: Apologise, the chart on google maps on 30mins chart is a bit lacking behind. My IG chart show 2.57 is the 30mins mid bollinger, which is the level defended badly now.  So if break and stay, just join together and push the price in last 1 h.  earlybird14      ( Date: 08-Sep-2015 16:07) Posted: short term support is 2.54 which is 5mins mid bollinger band which is successfully push price up to 2.56-2.57. Next is to break 2.59, then break 30mins mid bollinger, 2.59-2.6 will become support level for next few day.  day chart, 2.89 is the midbollinger, although is far but everything is possible, so long as market good news continue, price will just up. Furthermore for information, month, week and day chart all show Wilmar is oversold when it come down from 3 dollars. Hope this is a good bounce. still need to break 2.59.

 

Apologise, the chart on google maps on 30mins chart is a bit lacking behind.

My IG chart show 2.57 is the 30mins mid bollinger, which is the level defended badly now. 

So if break and stay, just join together and push the price in last 1 h. 

earlybird14      ( Date: 08-Sep-2015 16:07) Posted: short term support is 2.54 which is 5mins mid bollinger band which is successfully push price up to 2.56-2.57. Next is to break 2.59, then break 30mins mid bollinger, 2.59-2.6 will become support level for next few day.  day chart, 2.89 is the midbollinger, although is far but everything is possible, so long as market good news continue, price will just up. Furthermore for information, month, week and day chart all show Wilmar is oversold when it come down from 3 dollars. Hope this is a good bounce. still need to break 2.59. earlybird14      ( Date: 08-Sep-2015 16:01) Posted: 2.56-2.57, 5mins chart catch the price.  30mins chart resistance is at 2.59. Once break, a technical bounce is declared. The gap for next resistance after 2.59 is broken is wide. which is 2.89. But I think shortsellers will defend badly on 2.59 level. So, can retailers beat them? let' s see.

 

short term support is 2.54 which is 5mins mid bollinger band which is successfully push price up to 2.56-2.57.

Next is to break 2.59, then break 30mins mid bollinger, 2.59-2.6 will become support level for next few day. 

day chart, 2.89 is the midbollinger, although is far but everything is possible, so long as market good news continue, price will just up.

Furthermore for information, month, week and day chart all show Wilmar is oversold when it come down from 3 dollars.

Hope this is a good bounce. still need to break 2.59.

earlybird14      ( Date: 08-Sep-2015 16:01) Posted: 2.56-2.57, 5mins chart catch the price.  30mins chart resistance is at 2.59. Once break, a technical bounce is declared. The gap for next resistance after 2.59 is broken is wide. which is 2.89. But I think shortsellers will defend badly on 2.59 level. So, can retailers beat them? let' s see. earlybird14      ( Date: 08-Sep-2015 15:50) Posted: US market is going to open green now, the whole market is changed. So, place your bet but, the short hold too much short on wilmar, they are blocking the way, but if thing turn good, they have to cover, bounce is coming. But at the same time since price is still sustained at low, short is very persistence to defend their position.   So it is a choice, bet or not bet. RSI is not as high as previous below 12, now still stand at 17.

 

2.56-2.57, 5mins chart catch the price. 

30mins chart resistance is at 2.59. Once break, a technical bounce is declared.

The gap for next resistance after 2.59 is broken is wide. which is 2.89.

But I think shortsellers will defend badly on 2.59 level. So, can retailers beat them? let' s see.

earlybird14      ( Date: 08-Sep-2015 15:50) Posted: US market is going to open green now, the whole market is changed. So, place your bet but, the short hold too much short on wilmar, they are blocking the way, but if thing turn good, they have to cover, bounce is coming. But at the same time since price is still sustained at low, short is very persistence to defend their position.   So it is a choice, bet or not bet. RSI is not as high as previous below 12, now still stand at 17. earlybird14      ( Date: 08-Sep-2015 15:40) Posted: I think something happen in china. USD and those more for china currency all up a lot. Something is changed in the market. Wilmar 5mins chart turn positive, although 30mins chart is still undecide, but can make a try to buy now at 3.55 and cut loss with 3cents at 3.52. All the best.

 

US market is going to open green now, the whole market is changed. So, place your bet but, the short hold too much short on wilmar, they are blocking the way, but if thing turn good, they have to cover, bounce is coming.

But at the same time since price is still sustained at low, short is very persistence to defend their position.

 

So it is a choice, bet or not bet. RSI is not as high as previous below 12, now still stand at 17.

earlybird14      ( Date: 08-Sep-2015 15:40) Posted: I think something happen in china. USD and those more for china currency all up a lot. Something is changed in the market. Wilmar 5mins chart turn positive, although 30mins chart is still undecide, but can make a try to buy now at 3.55 and cut loss with 3cents at 3.52. All the best.

 

I think something happen in china. USD and those more for china currency all up a lot. Something is changed in the market.

Wilmar 5mins chart turn positive, although 30mins chart is still undecide, but can make a try to buy now at 3.55 and cut loss with 3cents at 3.52.

All the best.

 

Bro , pls inform as fast as possible when Wilmar set to rebounce , dun wait till you already bought in and the price already up 5 to 10 cents then you tell everyone okie ....

thanks in advance

earlybird14      ( Date: 08-Sep-2015 12:20) Posted: So sad to see my favourite counter is gonna shorted badly. Earlybird here just say hello to wilmar and I am watching on it for a technical bounce since everyday is oversold position. yesterday is 26, today is 16.76, still far from a bounce.  Good luck to holders, earlybird already said don' t hold any counter since no counter is safe now. earlybird14      ( Date: 08-Sep-2015 12:16) Posted: not a surprise, this just show how a down market can take counter by counter down when time is ripe, price low can be even lower. no share is safe.  Dow and Nasdaq owe earlybird another black friday which not happen on last friday due to good unemployment data. Earlybird keep waiting for it. Worm is full in my USD/YEN short selling basket.

 

Not suprising for Wilmar to be shorted after Olam and Noble.

Be aware that market sharks attack in waves after waves until no stock is standing tall in a bear market.

They have no mercy and kill till bloods in the street !

If you long, be prepared to take small profits in a bear market.

Don' t touch this stock till it is below $2.30 and always look at charts for buy signals for confirmation.

No action now is an action !

 

 

 

 

 

 

why set price target? reach buy? not reach? see up a bit, still rush to buy?

let market find the support for wilmar. chart will tell.

spore1      ( Date: 08-Sep-2015 12:31) Posted: May be $2.20 will b gd to consider for accumulation.

 

May be $2.20 will b gd to consider for accumulation.

 

just on 30mins chart and see if it can stay above midbollinger band bah. 

Yesterday move closer but today morning open, quickly drop to 2.53 which is far from mid bollinger band. 

Who know what level shortseller want? just wait and see. Join me for a technical bounce once time is ripe, let wilmar become oversold and oversold, then the fruit will be nicer and nicer. Too bad for exisitng holders, but what to do who ask you bet against market trend. You are cursing by this market downtrend, not early bird.

Earlybird just passby and want to catch worm later when time is ripe.

earlybird14      ( Date: 08-Sep-2015 12:20) Posted: So sad to see my favourite counter is gonna shorted badly. Earlybird here just say hello to wilmar and I am watching on it for a technical bounce since everyday is oversold position. yesterday is 26, today is 16.76, still far from a bounce.  Good luck to holders, earlybird already said don' t hold any counter since no counter is safe now. earlybird14      ( Date: 08-Sep-2015 12:16) Posted: not a surprise, this just show how a down market can take counter by counter down when time is ripe, price low can be even lower. no share is safe.  Dow and Nasdaq owe earlybird another black friday which not happen on last friday due to good unemployment data. Earlybird keep waiting for it. Worm is full in my USD/YEN short selling basket.

 

So sad to see my favourite counter is gonna shorted badly. Earlybird here just say hello to wilmar and I am watching on it for a technical bounce since everyday is oversold position. yesterday is 26, today is 16.76, still far from a bounce. 

Good luck to holders, earlybird already said don' t hold any counter since no counter is safe now.

earlybird14      ( Date: 08-Sep-2015 12:16) Posted: not a surprise, this just show how a down market can take counter by counter down when time is ripe, price low can be even lower. no share is safe.  Dow and Nasdaq owe earlybird another black friday which not happen on last friday due to good unemployment data. Earlybird keep waiting for it. Worm is full in my USD/YEN short selling basket. earlybird14      ( Date: 27-Aug-2015 16:42) Posted: Profit taken at 2.81, sad case not chiong and support. Have to give up for my day trade since i don' t want to have a sleepless night to worry about Wallstreet overnight. Cheer, take profit as you can in every trade through buying in this downtrend market. We will never know what happen tonight.

 

not a surprise, this just show how a down market can take counter by counter down when time is ripe, price low can be even lower. no share is safe. 

Dow and Nasdaq owe earlybird another black friday which not happen on last friday due to good unemployment data.

Earlybird keep waiting for it.

Worm is full in my USD/YEN short selling basket.

earlybird14      ( Date: 27-Aug-2015 16:42) Posted: Profit taken at 2.81, sad case not chiong and support. Have to give up for my day trade since i don' t want to have a sleepless night to worry about Wallstreet overnight. Cheer, take profit as you can in every trade through buying in this downtrend market. We will never know what happen tonight. earlybird14      ( Date: 27-Aug-2015 14:14) Posted: Need to take down the 2.8 to move higher.