Eye on stock: SHH Resources Holdings

AFTER peaking out temporarily at a high of RM2.48 on Nov 12, last year, the best level since Feb, 1998, SHH Resources Holdings Bhd (SHH, 7412) made two efforts to push to an upper ground, but each round was met with an apparent profit-taking activity.

Subsequently, this stock slipped into mild correction mode, which witnessed the shares retracing to a near four-month low of RM1.76 on Feb 12.