Journey to Wealth

Daily Trading Stocks: N2N Connect Bhd

kiasutrader
Publish date: Tue, 31 Jul 2012, 09:00 AM
N2N's five-month  sideways  consolidation  could  be  over  if  it  stays above  RM0.50  today.  A  purchase  can  be  made  if  it  happens,  with  a close  below  RM0.50  as  a  stop-loss.  Price  target  is  at  RM0.70,  with selling  also  anticipated  at  RM0.63.  Failure  to  hold  above  RM0.50 should  see  the  return  of  selling  and  the  stock  may  even  correct  if RM0.44 is violated. Further supports are at RM0.375 and RM0.34.


Source: OSK
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