Sinovac Biotech Ltd (SVA) : Support Broken

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.

By iam802

Trend trading with Ichimoku

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

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