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AmInvest Research Reports

Author: AmInvest   |   Latest post: Wed, 21 Oct 2020, 9:49 AM

 

Stocks on Radar - N2N Connect (0108)

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N2N Connect has rebounded from its low to test the RM0.745 immediate resistance level. With a rising RSI, a bullish bias may be present above this mark with the target prices of RM0.77 and RM0.81. It may consolidate further if it fails to cross RM0.745 in the coming session. Support is anticipated at RM0.715, whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy upon breakout above RM0.745

Target: RM0.77, RM0.81 (time frame: 3-6 weeks)

Exit: RM0.715

Source: AmInvest Research - 13 Jan 2020

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Labels: N2N

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Chart Stock Name Last Change Volume 
N2N 0.72 -0.02 (2.70%) 509,800 

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