Cepatwawasan Group may trend higher after it closed above the RM0.81 resistance (the Oct 2021 high) on Tuesday. With a new 52-week high coupled with all of its
rising EMAs, additional upside strength may be present in the near term. A bullish bias may emerge above the RM0.81 level, while setting a stop-loss at RM0.78, below
14 Feb’s low. Towards the upside, we are eyeing the nearterm resistance level at RM0.90, followed by RM0.95. 

Entry: RM0.81–0.845

Target: RM0.90, 0.95

Exit: RM0.78
 

Source: AmInvest Research - 18 Feb 2022