CFD Trading – Buy Venture (V03.SGX) @ $19.10. Stop at $18.20 and Target at $20.40

Venture Stock Code V03.SGX

Since price broke above the cloud on in late April 2020, price has stayed above the cloud since that day, reaching a high of $20.49. A price correction has brought price close to the upper edge of the cloud, which is providing support at the moment. Price is currently below the Base line and both Conversion and Base lines have yet to see a bullish crossover. Lagging Span is below price of 26 days ago but is above the cloud at the moment. MACD is still bearish we may have a bullish MACD crossover soon. We are expecting price to move higher to the previous high of $20.45.

$19.10                Buy
$20.40               Price Target
$18.20                Risk Management Stop
3 weeks Trade Duration

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