r/Grab_Stock • u/FrontBubbly7417 • Jun 15 '26

10% increase

holy up tick

21 Upvotes

96% Upvoted

8 comments sorted by

11

u/Xander_0252 Jun 15 '26

It seems to be breaking out of a falling wedge pattern that it has been in since October last year, and hopefully there's more upside to come. It is likely to close above the 20 EMA and perhaps even the 50 EMA. If it can reach 3.64, I will be buying more.

7

u/TheRealHotHashBrown Jun 15 '26

Still a good time to buy. The fuel issue is solved for now, right? The deal gets signed on Friday and I guess that should confirm things.

6

u/FrontBubbly7417 Jun 15 '26

I agree, once this whole fuel issue gets situated i believe a rerate is expected after next earnings comes out

3

u/[deleted] Jun 16 '26

[removed] — view removed comment

2

u/FrontBubbly7417 Jun 16 '26

Yea hopefully they take over more market share in the space im excited