N2N Connect has been testing the RM0.83 resistance level for the past few sessions. With the RSI level above 60%, it may move above the level towards target prices of RM0.88 and RM0.94. Meanwhile, it may continue to trend sidewas if it fails to cross the RM0.83 level in the near term. In this case, support is anticipated at RM0.775, whereby traders may exit on a breach to avoid the risk of a further correction.

Trading Call: Buy upon breakout above RM0.83

Target: RM0.88, RM0.94 (time frame: 3-6 weeks)

Exit: RM0.775

Source: AmInvest Research - 24 Jul 2019