TSH Resources Bhd
has broken out of a consolidation phase after bypassing a resistance at RM1.40.
In crossing the hurdle, the share stands to rise towards a higher target of RM1.85.
Looking at the technical indices, the slow-stochastic has hit overbought levels but remains healthy as it continues its ascent at 90 points. The RSI has also entered overbought conditions at 75 points.
The MACD remains positive, indicating bullish momentum.
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