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$F34.SI : Wilmar in bearish territories.

 

wilmar_bearish_longterm_support

The prospects of Wilmar on the technical chart does not look bright.

1. As of May 9, it has gap down and fall through the kumo support from 3.27 to 3.20

2. The leading kumo is twisted and is showing a downward trend.

3. Long term support is at around $3.

By iam802

Trend trading with Ichimoku