Wednesday, March 23, 2011

Wilmar, Noble Group: Swing Short

Swing Short setup for both Wilmar and Noble Group, With moving average 20ma below 40ma, CCI overbought, we can consider to SHORT tomorrow if the price drop below previous day low.
Wilmar- Timeframe 3-5days Entry: 5.16, Stoploss: 5.24, Target: 4.96
good risk reward ratio.

Noble Group, Timeframe 3-5days, Entry: 2.06, Stoploss: 2.11 Target:1.95