Crest Builder has been range-bound during recent sessions. With the momentum indicator RSI above 60%, there is a possibility it will break above the resistance of RM1.15, and move towards a target price of RM1.24. Meanwhile, the immediate support is anticipated at RM1.07, whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy on favourable consolidation above RM1.15

Target: RM1.24 (time frame: 3-6 weeks)

Exit: RM1.07

Source: AmInvest Research - 9 Apr 2019