TSH Resources may move higher to test the RM0.715 resistance level. As the momentum indicator RSI is pointing higher together with higher trading volume, we foresee that there could be a breakout towards the short-term target prices of RM0.80 and RM0.855. In this case, the downside support is anticipated at RM0.63, whereby traders may exit on a breach to avoid the risk of a further correction

Trading Call: Buy on breakout RM0.715

Target: RM0.80, RM0.855 (time frame: 3-6 weeks)

Exit: RM0.63

Source: AmInvest Research - 8 Apr 2020