CAB rose 8 sen (+9.0%) on a spike in trading volume to close at an eight-year high of RM0.885 yesterday. From a technical perspective, a breakout from its upper trend line resistance at the RM0.80 level is seen while forming a "bullish flag" chart pattern. Key indicators have hooked upward, which signal increasing buying interest. However, both stochastic and RSI indicators are in overbought situation, which may trigger a consolidation in the near-term. Traders should look to take profit at RM1.02 (3 bids below our measurement objective of RM1.05), while placing a strict stop-loss at RM0.81, 3 bids below RM0.84 (S1) support level.