CFD Trading – Buy Venture (V03.SGX) @ $18.40. Stop @ $17.99 and Target @ $19.20.

Venture Stock Code V03.SGX


Price reached a high of $19.52 on 20 October and a price correction soon followed. During the price correction, price was supported by the upper edge of the cloud, keeping the bullish trend intact. The thick cloud is also providing a strong support to price. Lagging Span is above price of 26 days ago but is below the cloud. MACD remains bullish and is hinting of a bullish price trend. We think the correction is near to a strong support and we are likely to see a rally if price stay above the cloud support. We see a rally to $19.20 in the next 2-3 weeks.


$18.40                Buy

$19.20                Price Target

$17.99                Risk Management Stop

3 weeks              Trade Duration

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