$Grab(GRAB.US)Grab rebounded 2.60%, recovering from its opening low and closing near the day’s high. The strong intraday reversal, coupled with a finish above the average traded price suggests buyers regained control after recent weakness, pointing to improving near term sentiment. The stock continues to stabilize above its recent support zone with bullish price action hinting that accumulation may be taking shape. If buying momentum continues, Grab could retest the next resistance level, while its improving profitability and expanding ecosystem continue to underpin the longer term growth story.

A sustained break above resistance would reinforce the recovery and open the door for further upside, while holding above current support would keep the rebound trend intact