RHB Retail Research
Trading Stocks - TSH Resources
TSH Resources may move higher after posting a long white candle and leaving an upside gap. With the 21-day SMA line edging upwards, this suggests a likelihood of increasing demand in the near term. A bullish bias may appear above the MYR1.10 level, with an exit set below the MYR1.02 threshold. Towards the upside, the near-term resistance is at MYR1.25. This is followed by the MYR1.36 level.
Source: RHB Securities Research - 29 Jan 2019
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