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)

By iam802

Trend trading with Ichimoku