Where would we take profit??
Following up from last week’s call, we have indeed seen Wilmar cleared the 3.40 – 3.42 resistance firmly and staged a firm breakout above yesterday and today pulling away further…. More upside possible above 3.50 now where we are seeing some resistance too. Target to 3.60 in the short term possible. Raise stop loss to those that are already in the money to protect profits.