𝐖𝐈𝐋𝐌𝐀𝐑 – 𝐓𝐡𝐞 𝐒𝐭𝐚𝐫𝐭 𝐎𝐟 𝐀𝐧 𝐔𝐩𝐭𝐫𝐞𝐧𝐝? (𝐅𝐢𝐧𝐚𝐥𝐥𝐲 𝐎𝐮𝐭 𝐨𝐟 𝐈𝐭𝐬 𝟖 𝐘𝐞𝐚𝐫𝐬 𝐂𝐨𝐧𝐬𝐨𝐥𝐢𝐝𝐚𝐭𝐢𝐨𝐧!)

by michaelg August 17, 2020

Author: Trading Impossible | Joey Choy
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A month back, we spotted Wilmar approaching this key 4.40 resistance level bullishly..

This level was important, because we headed to it in Jan and sellers sold it all the way down to 3.00 when Covid19 escalated.. 😷😷

But this time, it seemed like buyers were 𝐠𝐨𝐢𝐧𝐠 𝐭𝐨 𝐚𝐭𝐭𝐞𝐦𝐩𝐭 that move above this 𝐂𝐑𝐈𝐓𝐈𝐂𝐀𝐋 resistance!

Targets were drawn as a result.️🎯

Hey there, Joey here, Top Tier Remisier in Phillip Securities.

2 weeks later, that 𝐁𝐔𝐋𝐋𝐈𝐒𝐇 𝐌𝐎𝐕𝐄 indeed happened and upside targets were reiterated again.. ️🎯

𝐂𝐥𝐢𝐞𝐧𝐭 𝐰𝐞𝐫𝐞 𝐚𝐥𝐞𝐫𝐭𝐞𝐝 too by WhatsApp and it started pushing higher towards our target..

Fast forward to today 17 Aug 2020, ⏩⏩

We have seen some selling pressure coming back as we neared our target..

So is the 𝐔𝐏𝐓𝐑𝐄𝐍𝐃 𝐎𝐕𝐄𝐑 already?

OR Could this JUST be the 𝐒𝐓𝐀𝐑𝐓 𝐎𝐅 𝐀𝐍 𝐔𝐏𝐓𝐑𝐄𝐍𝐃, 📈📈 🤷

after it moving sideways pretty much for the past 8 years if we look at the bigger picture?

Watch this video to see where we are 𝐍𝐎𝐖 as of 17 Aug 2020, and why there are still still signs of this upside reversal continuing,

as long as we are able to hold above this NEW support level.. 😅