Venture Stock Code V03.SGX
Outlook
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 had brought price close to the upper edge of the cloud and price had now rallied above the $20.49 high. Conversion and Base lines had a bullish crossover. Lagging Span is above price of 26 days ago and above the cloud, confirming the bullish trend. MACD is still bullish . We are expecting price to move higher to the Ichimoku V-shaped price projection target of $22.45 in the next 2 weeks.
Strategy
$20.70 Buy
$22.45 Price Target
$19.90 Risk Management Stop
2 weeks Trade Duration
