CCK Consolidated may rise higher after it formed a long white candle and hit a new 52-week high yesterday. Given that the
stock has broken out from the 4-week bullish flag pattern and is supported by its rising EMAs, the bullish trend may still have
legs. A bullish bias may emerge above the RM0.73 level, with a stop-loss set at RM0.67, below the 20-day EMA. Towards the
upside, the near-term resistance level is seen at RM0.80, followed by RM0.85.

Entry : RM0.73–0.75

Target : RM0.80, RM0.85

Exit : RM0.67

Source: AmInvest Research - 23 Dec 2022