TSH Resources Bhd
was seen taking a breather this week after a strong rally in the previous week.
At its current trading level, the share is hovering near a recent high level of RM1.17, which in crossing would see the resumption of an uptrend towards RM1.49 and RM1.64.
The slow-stochastic remains healthy in overbought territory at 87 points, while the daily moving average convergence/divergence (MACD) histogram remains positive, indicating a sustained uptrend.
Support for the share is pegged to RM1.02 and 96 sen.
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