Technical analysis for SLVEST Stock based on Trend Analysis, Chart Pattern and Fibonacci Retracement
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
MYX:SLVEST STAND BACK EMA 50 FiFT BOD STAR MCDX+ BANKER TURN STRONG EXPERT SIGNAL TURN GREEN
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
Samaiden listing insyaAllah 15Oct. So yesterday (12Oct) ada volume dekat Slvest and hopefully we'll see something bila Samaiden listing nnt. Tayor!
slvest 21/6/2020 1.630 is the high here, candle's high need to breakout in order to move further, support at 1.370 , this area is a strong support area, we can monitor here for a potential good entry price where resistant turned into support DISCLAIMER: STOCK INVESTMENT INVOLVED SUBSTANTIAL RISK OF LOSS. MENTIONED STOCKS ARE JUST FOR RESEARCH, EDUCATIONAL...
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