Naked Chart Trading: SLVEST 14 Jun 2024
$SLVEST (0215.BMS)$ hit more than 3 year high at around RM1.70, can it touches RM2 level in near term?
Worth to note that in daily chart, the price is trying to form a higher high and low. The share prices failed to close above RM1.68 previous high to form a higher high but trying again today. Close above RM1.70 to trigger more upside
$SLVEST (0215.BMS)$ Weekly Chart
Long Term Trend: Rebound, more to bullish as more green candlesticks and higher highs & lows
Short Term Trend: Bullish as more green candlesticks and higher highs & lows
Fibo Analysis (2021 high to 2022 low): Testing to stand above 61.8%, mroe to bullish and higher potential to retest RM2.20 level previous high
Resistance: RM1.95, RM2.20
Support: RM1.60 (close below to trigger technical correction), RM1.45, RM1.15
Disclaimer
This content is for reference only and does not constitute any investment advice, and past performance is not indicative of future performance. Returns will vary, and all investments carry risks, including loss of principal. Please make your own investment decisions.
This content is for reference only and does not constitute any investment advice, and past performance is not indicative of future performance. Returns will vary, and all investments carry risks, including loss of principal. Please make your own investment decisions.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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