Day 2 - $Wilmar(F34.SG)

the gravity line on March 17, 2026 is about S$3.51, and price at S$3.86 is sitting ~9.97% above that line, which puts Wilmar essentially right at +10% resistance threshold rather than deep into the +20% overextension zone. That means the stock is still in an upward trend, but under the gravity theory it is now in the area where upside momentum can start meeting resistance and a pause, consolidation, or pullback toward the gravity line becomes more likely. The fact that price advanced from S$3.37 on March 4 to S$3.86 by March 16–17 without breaking into a clear +20% extension also suggests a strong but not yet extreme stretch.

Wilmar has rallied to the doorstep of the +10% gravity band, so momentum remains bullish, but price is now entering the zone where resistance typically starts to build and reversion risk rises