RHB Retail Research
Trading Stocks - N2N Connect
N2N Connect formed a white candle on strong volume to break above both the MYR0.735 previous resistance and the 21-day SMA line, signalling the stock is in the process of extending its rebound. A positive bias may appear above MYR0.735, with resistance levels pegged at MYR0.775 and MYR0.80. This bias would be void if the MYR0.725 support fails to hold.
Source: RHB Securities Research - 14 Jan 2021
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