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Strategy: MAs Cross
Bias: Bullish. SLVEST share price crossed down short term MAs on 24 Dec 2019, and crossed up 5 & 10 MAs since last week. However, the share price failed to maintain above 20 MA, thus it retraced to have a momentum recharge period before another spike up.
SWC covered this counter few days back in Jan student group when a lower entry.
SLVEST successfully crossing up these 3 MAs with a long bullish candlestick today.
The next resistance might be hitting is RM0.825 after the immediate resistance at RM0.805.
R: 0.805, 0.825, 0.850
S: 0.765, 0730
Strategy: MAs Cross
Bias: Bullish. SLVEST share price crossed down short term MAs on 24 Dec 2019, and crossed up 5 & 10 MAs since last week. However, the share price failed to maintain above 20 MA, thus it retraced to have a momentum recharge period before another spike up.
SWC covered this counter few days back in Jan student group when a lower entry.
SLVEST successfully crossing up these 3 MAs with a long bullish candlestick today.
The next resistance might be hitting is RM0.825 after the immediate resistance at RM0.805.
R: 0.805, 0.825, 0.850
S: 0.765, 0730
Trade closed: target reached
RM0.805 target reached in one day! Congrats everyone who followed and profited! :)
Note
RM0.825 target reached in two days!Congrats everyone who followed and profited! :)
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.