AmInvest Research Reports

Stocks on Radar- TSH Resources (9059)

AmInvest
Publish date: Fri, 17 Jul 2020, 10:05 AM
AmInvest
0 9,055
An official blog in I3investor to publish research reports provided by AmInvest research team.

All materials published here are prepared by AmInvest. For latest offers on AmInvest trading products and news, please refer to: https://www.aminvest.com/eng/Pages/home.aspx

Tel: +603 2036 1800 / +603 2032 2888
Fax: +603 2031 5210
Email: enquiries@aminvest.com

Office Hours
Monday to Thursday: 8:45am – 5:45pm
Friday: 8:45am – 5:00pm
(GMT +08:00 Malaysia)

TSH Resources broke past the RM0.90 resistance level. With a rising RSI, coupled with higher trading volume, it may continue to travel towards short-term target price of RM0.96 followed by RM1.00. Meanwhile, it may continue moving sideways if it dips below the RM0.90 mark in the near term. In this case, the downside support is marked at RM0.85, whereby traders may exit on a breach to avoid the risk of a further correction

Trading Call: Buy on pullback near RM0.90

Target: RM0.96, RM1.00 (time frame: 2-4 weeks)

Exit: RM0.85

Source: AmInvest Research - 17 Jul 2020

Related Stocks
Market Buzz
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment