$Wilmar(F34.SG)Wilmar traded in a mixed but largely corrective pattern this week with the stock giving back part of its recent gains as profit-taking emerged after a strong rally. Despite several sessions of selling pressure, buyers continued to defend key support levels, preventing a deeper pullback and keeping the broader structure intact.
Market appears to be digesting recent gains with sentiment remaining cautious as investors look for fresh catalysts to drive the next move. Overall Wilmar remains in a healthy consolidation phase and as long as support continues to hold the longer term uptrend remains constructive despite softer short term momentum
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