Sinovac Biotech Ltd (SVA) : Poise for Bullish Breakthrough

SVA is showing some bullish signs.

From the Ichimoku Daily Chart, we can see the following:

1. Price is about to break above the kumo

2. Both the Tenkan sen and Kijun sen is pointing upwards.

Earnings results will be announced in a couple of days. If it is positive and stay above the kumo, we have a good entry.

2009-11-12-TOS_CHARTS

Related posts:

  1. Sinovac Biotech Ltd (SVA) : Review of My SVA Trade
  2. Sinovac Biotech Ltd (SVA) : Price cuts Tenkan sen -> Take profit
  3. Sinovac Biotech Ltd (SVA) : Price cuts Tenkan sen alert
  4. Sinovac Biotech Ltd (SVA) : Break resistance
  5. Sinovac Biotech Ltd (SVA) : Consolidation with potential breakout