RHB Investment Research Reports

Trading Stocks - TSH Resources

rhbinvest
Publish date: Mon, 11 Nov 2024, 12:01 PM
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TSH Resources is poised to extend the bullish trajectory after breaking past the resistance on high volume. The stock has printed a long white candlestick and closed above the MYR1.14 resistance, showing that the underlying momentum is bullish. Premised on strong bullish momentum, expect a follow-through price action to test MYR1.21, followed by the MYR1.28 level. Conversely, falling below the MYR1.08 support will negate the bullish setup.

Source: RHB Securities Research - 11 Nov 2024

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