Sinovac Biotech Ltd (SVA) : Support at 6.28 breached

Yesterday, SVA tested support at 6.30 and managed to close below it at 6.28

At this moment, the bearish trend will continue. There is no confirmation of any reversal .

We may see SVA drift further down.

Next support based on the Chikou Span is

- 5.85 (Support 1)

- 5.10 (Support 2)

Related posts:

  1. Sinovac Biotech Ltd (SVA) : Critical junction (Bullish or Bearish)
  2. Sinovac Biotech Ltd (SVA) : Support Broken
  3. Sinovac Biotech Ltd. (SVA) : Next support is 6.30
  4. Sinovac Biotech Ltd (SVA) : Consolidation with potential breakout
  5. Sinovac Biotech Ltd (SVA) : Price still above Tenkan sen