RHB Retail Research
Trading Stocks - N2N Connect
N2N Connect has been developing a narrow sideways consolidation over the past week around the 21-day SMA line and above the MYR0.715 support level. This came after it underwent a rebound in the first half of last week. A positive bias is expected to emerge above MYR0.715, with resistance levels set at MYR0.75 and MYR0.775. This bias would be nullified if the MYR0.715 support is breached.
Source: RHB Securities Research - 21 Jan 2021
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