RHB Retail Research
Technical Analysis - N2N Connect
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N2N Connect may climb higher after posting a long white candle and hitting its new 52-week high. This can be viewed as a continuation of the bulls extending the upward momentum from 5 Jun’s upside gap. A bullish bias may emerge above the MYR1.20 level, with an exit set below the MYR1.12 threshold. Towards the upside, the immediate resistance is at MYR1.40. This is followed by the MYR1.50 level.
Source: RHB Securities Research - 13 Jun 2018
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