AmInvest Research Reports

Author: AmInvest   |   Latest post: Fri, 23 Oct 2020, 4:39 PM


Stocks Radar- N2N Connect (0108)

Author:   |    Publish date:

N2N Connect may soon move higher to test the resistance level RM0.85. The RSI indicator is pointing upwards, and coupled with higher trading volume, these suggest that the bullish momentum has resumed. If it breaks out from the resistance level,it will move towards the short-term target prices of RM0.89 and RM0.95. The downside support is anticipated at RM0.77, whereby traders may exit on a breach to avoid the risk of a further correction

Trading Call: Buy on breakout RM0.85

Target: RM0.89, RM0.95 (time frame: 2-4 weeks)

Exit: RM0.77

Source: AmInvest Research - 2 Jun 2020

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Labels: N2N

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Chart Stock Name Last Change Volume 
N2N 0.715 -0.015 (2.05%) 1,668,600 

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