N2N’s five-month sideways consolidation could be over if it stays above RM0.50 today. A purchase can be made if it happens, with a close below RM0.50 as a stop-loss. Price target is at RM0.70, with selling also anticipated at RM0.63. Failure to hold above RM0.50 should see the return of selling and the stock may even correct if RM0.44 is violated. Further supports are at RM0.375 and RM0.34.
Source: OSK
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