Wilmar - Wiping Stop Loss Again

In Oct 2020, smart monies wipe the stop-loss area before continuing its uptrend.

Apr/May 2021, will smart monies do the same tactics again? 

Depends on whether any special dividends declaration or other good news or bad news.  Smart monies are news opportunities seekers.  

The Jan 21 till Apr 21 parallel price action movement look more like distribution.  If I were to make a guess, I would bet more on the down side.  Again, I could be wrong as I am not the Market Maker.

Wait for the breakup of the current down trend for confirmation.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.