TSH Resources is posied to test the RM0.96 resistance level. With its RSI indicator pointing upwards, coupled with a higher trading volume, we think that there could be a technical rebound towards the short-term target price of RM1.01, followed by RM1.06. If this happens, the downside support is pegged at RM0.90, whereby traders may exit on a breach to avoid a further correction.

Trading Call: Buy on breakout RM0.96 
Target: RM1.01, RM1.06 (time frame: 2-4 weeks)
Exit: RM0.90

Source: AmInvest Research - 14 Sept 2020