SLVEST trade ideas
$SLVEST - TAYOR$SLVEST - Break downtrend line on 26 July 21. Made a pullback to DTL support. Test Downtrend channel for third time.
Make a pullback to RBS horizontal. Try to break DT channel for 4th time. with higher DNV volume than average DNV volume
Stoch crossing
RSI increasing - buyer coming in
MACD - curve up
Bullish divergence - WTF
Inverted Head & Shoulder
Slvest approved for Main Bursa.
SL - Below right shoulder
<TradeVSA> Similar Chart Pattern like OPCOM ? SolarvestSign of Strength in the chart:
1. Reversal with high volume
2. Support above 20/40ma with NS / SP signal
3. Increasing volume on upbar
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This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
SLVEST - TIME FOR A REBOUND?DISCLAIMER
THIS IS NOT AN INVESTMENT ADVICE, TRADE AT YOUR OWN RISK & OPPORTUNITY !!!
After so long of churning, finally MA10 crosses MA50 and MA200. Currently short term a little parabolic.. but should be fine as long as RM1.30 support holds. It could drop further too due to bad sentiment. It could also consolidate around this area until the MA20 squeezes with the other MAs. Overall I'd say a potential rebound. I'm expecting a day or few of pullback due to high RSI currently. Enter at the price suitable for your risk and reward/cut loss points as market sentiment is bad, I am unable to give proper directions too.
R: RM1.375, RM1.485, RM1.595
S: RM1.3, RM1.24
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SLVEST - Pre Consolidation BreakoutPre Consolidation Breakout Setup.
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Please consider your own interpretation of Opportunity & Risk. The author of this post strictly follows the Malaysian Security Commission ( SC ) Guidelines on the prohibition of Investment Advice by unlicensed parties. Any examples shall use historical charts without any recommendations and not to cause inducement to the public to take action or position (e.g. buy, sell or hold) regarding a particular class, sector, or instrument in relation to securities or derivatives. The author will never provide any investment or trading advice as the activity of giving investment advice is likely to be considered as a regulated activity under the Capital Markets and Services Act 2007 ( CMSA ). All posts made in Tradingview do not include any communications involving providing recommendations or opinions or includes any material, content or any statement which are likely to induce a person to take any action or position (e.g. buy, sell or hold) regarding a particular class, sector, or instrument in relation to securities or derivatives that is likely to be considered as “advising others concerning securities or derivatives”. The author will not recklessly make any statement, promise or forecast that is misleading, false or deceptive to induce or attempt to induce another person to deal in securities or derivatives. None of information posted in post can be used as investment decisions. Do not trade solely on the information posted. Trade at your own risk and judgement. A trader could potentially lose all money. Only risk capital that can be lost without jeopardizing ones financial security of lifestyle. Please seek licensed professional guidance if you plan to invest your capital seriously.
Momentum building upSLVEST has closed above a valid DTL this week preceded by an inverted Head and Shoulder pattern. We are optimist for further bullishness towards Fibonacci target 3.66. On the flipside, price movement below support at 2.12 will push the price lower.
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