Thursday 29 December 2016

Wilmar - Second Round Short Sell








Shorted Wilmar the second round as the stock continued to look bearish earlier. This time round I posted in my Facebook for everyone who followed me. If you are interested to follow me in Facebook, click the below link and add me:

http://www.facebook.com/ronaldk.ronaldk

Wilmar continued to show weakness in the intraday chart. The stock broke down below the high volume and buyers weren't supporting the price. The sellers on the other hand was overpowering and consistently took the opportunity to sell. Some of students of mine booked profits already and made 2 rounds in Wilmar today while my 80 lots trade is still floating. From -400 unrealized loss to profits with $960, it's not a lot of $ but still let's see what will happen tomorrow. :)

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