Day 3 - $Wilmar(F34.SG)

Wilmar closed at S$3.90 on March 18, 2026, up from S$3.88 on March 17, with the day trading between S$3.83 and S$3.93.

On the refreshed chart, the gravity line is about S$3.539, so price is now sitting roughly 10.19% above it. That puts Wilmar just through the +10% band rather than anywhere near the +20% stretch zone. In my view, that means the trend is still strong, but the stock has now moved into the area where upside typically starts to face noticeable resistance and the odds of pause, sideways digestion, or a pullback toward the gravity line increase.

The recent price action also supports that read: Wilmar climbed from S$3.37 on March 4 to S$3.90 on March 18, a sharp move in a short span, and the latest close is also the highest price shown in the current window on the Investing.com historical page. That kind of acceleration is bullish, but once price pushes above the +10% gravity band, I treat it as a zone where momentum needs fresh follow-through to keep extending cleanly.

One-line comment: Wilmar has pushed slightly above the +10% gravity band, so the uptrend is intact, but price is now in the zone where resistance usually starts to build and reversion risk becomes more real.