Bullish pennant formed Buy upon breakout 0.955 SL below 0.920
15/4/2020 If can form a Bullish Engulfing candle in future, can take a chance. Just my opinion. #Trendline #Solarvest
Catalyst: www.theedgemarkets.com I do think that the action marks SLVEST ready to go even higher than before. While on technical side, the uptrend momentum is getting stronger. RM1 within a month maybe?
Currently trading at RBS level. Formation of Bullish Engulfing at this level might indicate further surge in price. Best entry at 0.87 and below with take profit target at previous swing high of 0.92. Cutloss if fall below 0.845.
Breakout 0.845 level with volume. Cutloss below 0.79. Our target will be 0.91, 0.98.
Thank you for your continued support :) 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...