TSH Resources may soon move higher to test the resistance level of RM0.66. Coupled with trading volume, we foresee that there will be a breakout from the resistance and it will propel towards the short-term target prices of RM0.72 and RM0.78. In this case, the downside support is anticipated at RM0.60, whereby traders may exit on a breach to avoid the risk of a further correction

Trading Call: Buy on breakout RM0.66

Target: RM0.72, RM0.78 (time frame: 3-6 weeks)

Exit: RM0.60

Source: AmInvest Research - 26 Mar 2020