1> Downtrend starts 9 Jul 2017, trending with 20 Jul and 27 Jul open prices.
3> The "above trend" i'm discounting as a possible early misread of opportunistic investors thinking the SP was ready to pop up
s2> 4 Jul 2017 - gravestone , a signal of a possible end of trend
3> the 7 Jul candle forms a kicker from 6 Jul candle, a fairly strong signal that the market didn't not like the 6 Jul close price.
Taking the downtrend as a whole I think that any price close above 2305 would be a solid confirmation that LSE:SVT is fully into an uptrend. However that does leave about 100p "on the table" if waiting for confirmation.
The past few days traded has averaged around 1.0 million and the stochastics seem to show that the price has bottomed and is now reversing direction of travel. I would take a %K/%D above 20/20 on the as the starting whistle.
With that in mind, I strongly think that the price for LSE:SVT is likely to increase over the next few days and using fibonacci retrace values I think the target prices to look for are 2305, 2473 and 2577.
Just be aware that there is a final dividend payment of 48.9p on 21 Jul and the market will discount the SP by that much on that date.