In this article, we will focus on Wilmar International Ltd (SGX: F34) and Olam Group Ltd (SGX: VC2).

The former exhibits a potential V-shaped bottom price trend, while the latter may see strong upward movement. Here are some key highlights from the technical report:

Wilmar International Ltd

Wilmar International Ltd provides palm plantation, edible oil refining, pressing, and grain processing services, as well as sugar, flour, and rice offerings.

• Market Positioning: Technical buy at the last quoted price of SGD 3.36 per share.
• Entry Prices: SGD 3.36, SGD 3.25, SGD 3.14, with support levels at SGD 3.20 and SGD 3.00.
• Stop Loss Price: SGD 2.98, with resistance levels at SGD 3.45 and SGD 3.77.
• Target Prices: SGD 3.68, SGD 3.80, SGD 4.00, and SGD 4.40.

Olam Group Ltd

Olam Group is an international integrated supplier of raw materials and processed agricultural products.

• Market Positioning: Technical buy at the last quoted price of SGD 1.02 per share.
• Entry Prices: SGD 1.02, SGD 0.93, SGD 0.85, with support levels at SGD 0.89 and SGD 0.795.
• Stop Loss Price: SGD 0.79, with resistance levels at SGD 1.04 and SGD 1.26.
• Target Prices: SGD 1.20, SGD 1.37, SGD 1.44, and SGD 1.63.