KUALA LUMPUR (May 15): RHB Retail Research said N2N Connect Bhd may trend higher after it recently breached above the 70 sen mark.

In its trading stocks note today, the research house said in view that the 21-day SMA line is likely to turn higher, this implies a positive outlook sentiment.

“An upbeat bias may emerge above the 70 sen level, with an exit set below the 65 sen mark.

“Towards the upside, the immediate resistance is at the 83.5 sen level, followed by the 90 sen threshold,” it said.