Solarvest Holdings continued to climb and touched the RM1.54 resistance level. With its 21-day moving averag indicator pointing upwards, coupled with a higher low candlestick pattern, there is a good chance that it woul experience a technical breakout and head towards th short-term target price of RM1.62, followed by RM1.67. The downside support is marked at RM1.41. Traders ar advised to exit on a breach to avoid further losses.
Trading Call: Buy on breakout RM1.54
Target: RM1.62, RM1.67 (time frame: 2-4 weeks)
Exit: RM1.41
Source: AmInvest Research - 3 May 2021
Chart | Stock Name | Last | Change | Volume |
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Created by AmInvest | Sep 03, 2024
Created by AmInvest | Sep 03, 2024
Created by AmInvest | Sep 02, 2024