CCK Consolidated was testing the MYR0.46 level in its latest session. A bullish bias may be present above this point with a target price of MYR0.505, followed by MYR0.555. The stock may take a breather if it cannot breach above the MYR0.46 mark decisively in the near term. Support may be found at MYR0.365, where traders can exit upon a breach to minimise the downside risk.

Source: RHB Securities Research - 10 Jan 2019