CFD Trading – Buy Venture (V03.SGX) @ $20.70. Stop at $19.90 and Target at $22.40

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 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.

$20.70                Buy
$22.45               Price Target
$19.90                Risk Management Stop
2 weeks Trade Duration

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