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Launch Chart
Market Updates
Singapore SGX stocks
Wilmar International: A Strategic Look
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Wilmar International
:
Current Price
: S$3.12
Target Price
: S$3.33
Stop-Loss Price
: S$3.06
Recommendation
:
Trading Buy
Investment Thesis
: Wilmar International is trading in a bullish trend, with both MACD lines above zero. The stock price has remained above the cloud, supporting the uptrend. Wilmar’s positive technical indicators, including a bullish crossover of the conversion and base lines, point toward potential short-term gains.
Financials
: With strong fundamentals, Wilmar is well-positioned to achieve a short-term target price of S$3.33. The stock’s trading range between S$3.10 and S$3.11 offers an attractive entry point for investors.
Key Catalysts
: Wilmar’s potential to benefit from global demand in the consumer and agricultural sectors presents a short-term trading opportunity. The company’s earnings are expected to improve with rising global food and commodity prices.Thank you
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