Day 5 - $Wilmar(F34.SG)

My read: Wilmar is still trading materially above its gravity line, but today’s selloff pushed it back toward the upper gravity band instead of extending cleanly through it. That is not outright bearish, but it does tell me the last stretch of upside had become crowded. At roughly 9% above gravity, the stock remains on the rich side of its medium-term equilibrium, so upside from here looks less efficient unless price can quickly reclaim the 3.83–3.90 zone with conviction.