Venture Stock Code V03.SGX
Outlook
Price broke above the cloud in the previous two trading sessions, changing the chart outlook to bullish. Conversion and base lines had a bullish crossover, hinting at a bullish price trend. Lagging Span is above price of 26 days ago and is above the cloud, confirming the bullish price trend. MACD is bullish and is hinting at a bullish price trend. We think price is likely to move higher to the previous price resistance at $18.77 in the next 2-3 weeks.
Strategy
$17.80 Buy
$18.77 Price Target
$17.55 Risk Management Stop
3 weeks Trade Duration
