AmInvest Research Reports

Author: AmInvest   |   Latest post: Fri, 13 Dec 2019, 9:23 AM


Stocks on Radar - N2N Connect (0108)

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N2N Connect has been consolidating sideways while the selling momentum has subsided during recent sessions. The immediate resisitance price is RM0.835. If it can break above the resistance price in the coming sessions, then the target price will be RM0.875 followed by 0.915. In this case, the support price is anticipated at RM0.795, whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy upon breakout above RM0.835

Target: RM0.875, RM0.915 (time frame: 3-6 weeks)

Exit: RM0.795

Source: AmInvest Research - 15 Apr 2019

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Labels: N2N

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