SVT Long - Buy now or DCA to stop loss level

Oct 5

SVT Long - Buy now or DCA to stop loss level

Long term uptrend
Consecutive higher lows, also resembling ascending triangle
Price reacting to old high with bullish engulfing candle
Dividend paying

4 TPs at converging highs and fib levels, and fib extension levels.

Oct 17

Trade active

Strong price action, broke the 2020 high of 2716 with a close above this level.
Fingers crossed for this to continue.

Oct 20

Note

Good price action. Price closed above the 2002 level of 2716 today, lets get some follow through to the upside.

Nov 5

Note

Nice reaction off the 2716 price level, lets see this continue up.

Nov 10

Note

Nicely consolidating above 2716 . Positive price action.

Nov 19

Note

Price has made a marginally higher high, however it is the .618 fib level.
Need to keep an eye on this for a higher low. Ideally to hold the 2517 level.
Could be a chance to re-enter if you missed initial entry, or add to existing position.