Wilmar is currently among one of the stronger stocks in STI. On March 12, the chart shows a bullish signal. Tenkan sen crosses the kijun sen. The volume is not very high; a reflection of the current weak market conditions. On the  weekly chart, it has not break through the kumo resistant yet. Weekly… Continue reading Wilmar

PowerShares DB Agriculture (DBA)

The PowerShares DB Agriculture (DBA) has a gap up the day US announced that they are buying back US bonds over the next 6 months. Price level held steady at the gap level and is out of the kumo resistant at around $25. The volume is above average, however, the price has not move rapidly… Continue reading PowerShares DB Agriculture (DBA)