SVA support at $7.40 is broken.
Next support is $7.00 after which (if this breaks as well), we can expect a fairly steep drop.
SVA support at $7.40 is broken.
Next support is $7.00 after which (if this breaks as well), we can expect a fairly steep drop.
4 replies on “Sinovac Biotech Ltd (SVA) : Support Broken”
What happen to SVA, it had drop much in a few days.
Still possible to come at $6.00
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Hi,
I have posted the chart and have added some comments to it based on yesterday’s closing price for SVA.
Look forward to your comments. Thanks
http://tradingichimoku.com/2009/11/24/sinovac-biotech-ltd-sva-critical-junction-bullish-or-bearish/