SolarVest Price may found its major support at around Rm 1.10 where there will be a confluence zone of 1) Next Demand Zone 2)Up Trend line Support area
Slvest, falling wedge b/o on 11th June, and volume slowly building up, today breakup above 1.40 and close at 1.41. Target price 1.57, follow with gap filled and 1.77 as next target.
MYX:SLVEST
SLVEST
Theme: Solar
Rst: 1.46
Spp: 1.32
Double bottom is forming, and RSI is casting bullish divergence signal as well, with these metrics, there’s tendency to see technical rebound play towards MA50 soon
SLVEST
Rst: 3.00/ 3.37
Spp: 2.70
No major sign of deterioration, neither from RSI nor MACD. This super strong trend will not easily get dissipated as it’s supported by super broad BB as well substantially strong trading volume.
The stock has breakout from cup and holder pattern (TP 2.17), and currently forming bull flag pattern. Its best to buy on dip inside the flag (find reversal candle), or wait for the flag breakout at 2.14
EP Buy on dip in the flag, or breakout flag 2.14
TP 2.17 (cup depth), 2.4 (target pole height)
SL 2.0
Sentiment: Green tech bullish due to US Election result
SLVEST
Rst: 1.60
Spp: 1.55
Bullish, wide BB continues to charge the stock northward, no sign of pull back from RSI, MACD. New Fibo projection can last until 1.83
