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Sorento Capital is beginning to show encouraging upward momentum after spending a long period moving sideways. The recent push above the Bollinger Band mid-line (20-day SMA) signals improving strength, and price is now hugging the upper band — a classic early sign that buyers are slowly taking control. This shift in price behaviour often appears in the early stages of a trend reversal, giving the chart a more optimistic tone compared to previous weeks.
Steady, consistent volume supports this gradual pickup in momentum. If the price can stay above the RM0.395–0.400 zone, the setup strengthens further. Immediate resistance sits at RM0.415, and a breakout above this level could easily open the way toward RM0.450, which is the next significant barrier. The chart structure suggests that a push toward these levels is becoming more likely as the stock continues to trade near the upper band with improving stability.
