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