KCTrader7

SLVEST - TIME FOR A REBOUND?

Long
MYX:SLVEST   SOLARVEST HOLDINGS BERHAD
DISCLAIMER
THIS IS NOT AN INVESTMENT ADVICE, TRADE AT YOUR OWN RISK & OPPORTUNITY !!!

After so long of churning, finally MA10 crosses MA50 and MA200. Currently short term a little parabolic.. but should be fine as long as RM1.30 support holds. It could drop further too due to bad sentiment. It could also consolidate around this area until the MA20 squeezes with the other MAs. Overall I'd say a potential rebound. I'm expecting a day or few of pullback due to high RSI currently. Enter at the price suitable for your risk and reward/cut loss points as market sentiment is bad, I am unable to give proper directions too.

R: RM1.375, RM1.485, RM1.595
S: RM1.3, RM1.24

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