Monday 11 June 2012

Daily Trading Stocks : N2N Connect

N2N may trade higher after the firmer move last Friday. A purchase can be made above RM0.47, with the close below the 3-month low of RM0.425 as stop-loss. A conservative trade may wait until RM0.50 is broken before entering. The price target is RM0.70, with resistance also expected at RM0.60. A close below RM0.425 could lead to a change in trend. Supports are at RM0.37 and RM0.325.


Source: OSK

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