N2N Connect is attempting to resume its uptrend after it bounced off the 21-day SMA line and tested the immediate resistance. If it manages to break past the MYR0.83 immediate resistance level, the bullish momentum may pick up to lift it towards the next resistance of MYR0.89, then the recent high of MYR0.925. Conversely, if the stock falls below the MYR0.80 support level, the trend may be reversed – and see it declining below the 21-day SMA line.

Source: RHB Securities Research - 22 Jun 2021