RHB Retail Research
Trading Stocks - N2N Connect
N2N Connect formed a long white candle, indicating that momentum of buying could be strong. As the 21-day SMA line is likely to begin turning upwards, this also implies a positive outlook sentiment. A positive bias may emerge above the MYR0.775 level, with an exit set below the MYR0.70 threshold. Towards the upside, the immediate resistance is at MYR0.87. This is followed by the MYR0.93 level.
Source: RHB Securities Research - 12 Jun 2019
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