hmmm....do note that the cut loss of Wilmar is $3.60....if it falls below $3.60 and can't get back up, it will go down. be cautious as it seems unable to break above 3.74( resisted 2 times)

On the other hand, Yangzijiang is breaking up(with above daily average vol) above 98 cts which is the 50 days moving average...if it stays above it, likely we will see a rally.

 

Shorting targets: Sembawang Corp and Sembawang Marine just dropped sharply (with substantial vol) below their 20 and 50 days moving averages after announcing the 4th quarter and full year financial results. Seems like the uptrend has ended and downtrend began, if it fails to rebound back...based on its historical movement likely it will fall further.

 

 

 

Sembawang corp

 

 

Sembawang marine.

 Notice that the same pattern occurred during last November(after the previous quarter announcement of financial results).

Reminder: Take action(buy or sell) only after the signal appears, Do not try to predict the top or bottom which is stressful and risky....u might make abit less $$$ but, u will be more confident to take a bigger stake.