How to avoid a big loss on Wilmar? | ChiamHM.com

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By using technical analysis, we able to find out two chances for us to get out of Wilmar before the big correction happened last 2 days. If we look at the chart, easily we can identified the 1st support at $6.43 level (Breakout of the support normally indicating a signal for liquidate long position). Normally peoples are able to escape at this level. However, for those who had missed the chance still they able to get out at 2nd support level at $6.00. Market is an unpredictable thing; only technical analysis is able to catch the trend before it happen which we cannot find in fundamental analysis.

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