Day 13 - $Wilmar(F34.SG)

From my point of view, the stock still looks technically strong, but the tone has shifted slightly from clean acceleration to mild resistance testing. On the refreshed chart, the gravity line is about S$3.72, so Wilmar is trading roughly 5.51% above its center line. That tells me the stock is still firmly on the strong side of trend, but not as close to equilibrium as it was a few sessions ago. It is extended enough to attract some friction, though not so far stretched that I would call the move exhausted.

What I find most telling is the combination of intraday strength and the softer close. Wilmar pushed above S$4.00 intraday and reached S$4.01, but it did not hold that level into the close. To me, that suggests buyers are still aggressive enough to challenge higher prices, yet supply is beginning to show up whenever the stock probes that next psychological zone. I read that as a healthy but more contested uptrend rather than a clean breakout.