TSH Resources has been showing signs of preparing for a possible breakout from its near 2-month sideways trading range over the past few sessions. A breakout will be confirmed if the stock crosses above the MYR1.13 threshold, with subsequent resistance levels eyed at MYR1.20 and MYR1.30. A downside breach of MYR1.10 would cancel this positive bias.
Source: RHB Securities Research - 17 Mar 2021
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Created by rhboskres | Aug 26, 2024