AmInvest Research Reports
Stocks on Radar - N2N Connect (0108)
AmInvest
Publish date: Mon, 15 Apr 2019, 11:34 AM
AmInvest
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All materials published here are prepared by AmInvest. For latest offers on AmInvest trading products and news, please refer to: https://www.aminvest.com/eng/Pages/home.aspx
Tel: +603 2036 1800 / +603 2032 2888
Fax: +603 2031 5210
Email: enquiries@aminvest.com
Office Hours
Monday to Thursday: 8:45am – 5:45pm
Friday: 8:45am – 5:00pm
(GMT +08:00 Malaysia)
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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