TSH’s rebound should resume after its 2-week sideways consolidation was broken to the upside. A position can be initiated above RM2.42, with a stop-loss below yesterday’s low of RM2.35. The price target is RM2.85, provided that the recent high of RM2.60 is broken convincingly. However, look for selling to resume should the stop-loss be triggered and supports lie at RM2.20 and RM2.07.
Source: OSK
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