Fundamental outlook:âŻWilliâFood International (WILC) just posted its strongest Q2 everârecordâhigh revenue, operating profit, preâtax profit and net income. The 85âpoint positive sentiment score underscores a very upbeat market reaction. With earnings far exceeding consensus estimates, the âearnings beatâandâraiseâ narrative is likely to trigger a fresh buying wave, especially from growthâoriented and sectorâfocused investors who view the companyâs expanding margins and global footprint as a catalyst for midâterm upside.
Technical picture:âŻPrior to the release, WILC was trading in a tight range around the $12.00â$12.50 band, with the 20âday SMA hovering near $12.20 and the 50âday SMA just above $12.00. The recordâhigh results should produce a gapâup on the open, potentially breaking the $12.80 resistance level that has held for the past six weeks. If the stock clears the $13.00â$13.20 âpsychologicalâ barrier on strong volume, the next upside target lies near the recent high of $13.80 (the Marchâ2025 peak). Conversely, a failure to hold $12.50 would expose the 20âday SMA as a stopâloss zone.
Actionable trade idea:âŻEnter a long position on the breakout above $12.80 with a stop just below the 20âday SMA (ââŻ$12.15) to protect against a quick reversal. Aim for an initial profitâtaking target at $13.20â$13.40, where the next resistance and Fibonacciâbased retracement level sit. If the rally accelerates and volume remains robust, consider scaling out near $13.80. In a riskâaverse scenario, a shortâcover or âbuyâtheâdipâ if the price retests $12.15 with a bullish candlestick pattern could also be justified, given the strong earnings backdrop.