Day 4 - $Wilmar(F34.SG)

Wilmar’s latest available session closed at S$3.88 on March 19, 2026, after closing S$3.90 on March 18, 2026. On March 19, the day’s range was S$3.84 to S$3.91; on March 18, it was S$3.83 to S$3.93.

On the refreshed chart, the gravity line is about S$3.537, and Wilmar at S$3.88 is sitting ~9.71% above that line. The +10% band is about S$3.89, so price is still pressing right under the first resistance threshold, while the +20% band is much higher near S$4.244. That means the stock remains stretched upward, but it has not entered the more extreme overbought zone under the gravity framework.

Against the gravity theory, the latest price action looks like a **pause just below resistance** rather than a clean breakout. Wilmar pushed from S$3.80 on March 13 to S$3.90 on March 18, then eased slightly to S$3.88 on March 19. That small pullback after tagging the +10% area fits the gravity's idea that once price reaches the first upper band, sell pressure can start to appear and momentum may begin flattening before any reversion toward the gravity line.

My read is: **the trend is still bullish, but the stock is now behaving like it is testing the +10% gravity ceiling, so upside may need consolidation before any further extension.

One-line gravity comment: Wilmar is hovering just below the +10% gravity band, so the uptrend is intact, but the latest candles suggest resistance is starting to build and a pause or mild reversion is becoming more likely.