N2N Connect has been consolidating sideways during the last few sessions, with an immediate resistance level of RM0.77. With a rising RSI, it may break the resistance level, and move towards target levels of RM0.845 and RM0.915. Support is anticipated at RM0.70, whereby traders may exit on a breach to avoid the risk of a further correction.
Trading Call: Buy upon breakout above RM0.77
Target: RM0.845, RM0.915 (time frame: 3-6 weeks)
Exit: RM0.70
Source: AmInvest Research - 3 Jun 2019
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