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Tuesday, 19 July 2016
Wilmar Intl (F34) - 20 July 2016
Wilmar expects to report a net loss of approximate US$230 million for 2Q16.
http://www.businesstimes.com.sg/companies-markets/wilmar-warns-of-q2-loss
Technically, Wilmar gapped down today and opened below the 200-day Moving Average of 3.13. This has become the major resistance. The next resistance is about $3.18.
The current support is at about $3.08 and $3.00.
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