Is Wilmar still a short?

Forexbae
2021-12-21

Hola guys, I'm looking to short $WILMAR INTERNATIONAL LIMITED(F34.SI)$

With the current downtrend and price moving below ichimoku, im looking to short at 4.06 in line with the last overlap resistance. Take profit at 161.8% Fibonacci extension level of 4.06 and my stop loss will be at the next overlap resistance in line with with the 50% Fibonacci retracement area of 4.12.

Entry: 4.06[Smile] 

Take Profit: 3.93[Miser] 

Stop Loss: 4.12[Cry] 


$Wilmar 5xLongSG220225(DFHW.SI)$

$Wilmar 5xShortSG230825(DHGW.SI)$

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精彩评论

  • yeppy
    2021-12-21
    yeppy
    Good luck I hope you can succeed. I am not optimistic about this company either.
  • lemonadey
    2021-12-21
    lemonadey
    Obvious downward trend
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