Sunway is still trending in an uptrend as it continues to display a series of higher highs and higher lows and remains above its 20 and 50-day moving averages. An interesting observation to note is a possible bullish crossover signal seen in the MACD trend indicator. In addition, the Stochastic oscillator continues to trend upwards towards the 80% overbought region that confirms the presence of robust upside momentum. Given such positive elements, Sunway may be poised to see further upside in the coming weeks. A break above the immediate resistance at RM1.60 may open up scope to test the next key resistance at RM1.80. However, a violation below the immediate support at RM1.48 may damage the bullish trend to see a sell-off towards the next support at RM1.37.