Solarvest to gain from rise in clean energy adoption


Rakutan Trade said the stock may see additional strength, going forward.

PETALING JAYA: Rakuten Trade expects Solarvest Holdings Bhd to extend its upward trajectory after breaking out from its 10-week ascending triangle pattern to surpass the immediate resistance at RM1.58.

In view of the stock hitting a 52-week high, with a white Marubozu candlestick on Monday, coupled with the supportive technical reading in relative strength index and improving exponential moving averages, Rakutan Trade said the stock may see additional strength, going forward.

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