$Grab(GRAB.US)Grab continues to build a constructive base after its recent rally, with buyers defending key support levels as the stock consolidates near recent highs. The price action suggests that selling pressure has eased, allowing the stock to prepare for its next potential breakout.

Technically, Grab remains in an overall bullish trend with higher lows still intact. As long as the stock holds above its immediate support, momentum remains favourable. A decisive move above the recent resistance could trigger another leg higher as investors rotate back into Southeast Asia’s leading super app.Fundamentally, Grab continues to benefit from improving profitability, steady growth in Mobility and Deliveries, and expanding contributions from its Digital Financial Services business. Ongoing share buybacks and a disciplined focus on earnings continue to strengthen investor confidence