Tag: Venture

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

Venture Stock Code V03.SGX

Outlook

Price had closed below the cloud in the previous 3 trading sessions keeping the chart outlook bearish. In the previous trading session, a big black candlestick is hinting at acceleration in the bearish price trend. Conversion and Base lines had a bearish crossover earlier, hinting at a bearish price trend. Lagging Span is below price of 26 days ago but is inside the cloud. MACD is bearish and is hinting at a bearish price trend. We think price is likely to move lower to the previous price gap support at $16.13 in the next 2-3 weeks.

Strategy                  

$17.30                Sell

$16.15                Price Target

$17.95                Risk Management Stop

3 weeks              Trade Duration

Venture Stock Code V03.SGX

Outlook

Price, after reaching a high at $17.89, went into a correction. The price correction is currently supported by the Conversion line above the cloud, keeping the uptrend intact.  Conversion and Base lines remain in a bullish crossover, hinting at a bullish price trend. Lagging Span is above price of 26 days ago but is inside the cloud. MACD is bullish, with both lines above the zero line, is hinting at a bullish price trend. We think price is likely to move higher to the previous price resistance at $17.93 in the next 2-3 weeks.

Strategy                  

$17.05                Buy

$17.90                Price Target

$16.75                Risk Management Stop

3 weeks              Trade Duration

Venture Stock Code V03.SGX

Outlook

Price broke above the cloud on 11 November and reached a high of $17.89. Since that high, price has been in a consolidation. This consolidation was supported by the Conversion line and the cloud, keeping the uptrend intact. Conversion and Base lines had a bullish crossover earlier, hinting of a bullish price trend. Lagging Span is above price of 26 days ago but is inside the cloud. MACD is bullish with both lines above the zero line. We think price is likely to move higher to the previous price high at $18.26 in the next 2-3 weeks.

Strategy                  

$17.45                Buy

$18.25                Price Target

$16.98                Risk Management Stop

3 weeks              Trade Duration

Venture Stock Code V03.SGX

Outlook

Price broke above the cloud 4 days ago and has been trading above the cloud since that breakout. Conversion and Base lines had a bullish crossover earlier, hinting of a bullish price trend. Lagging Span is above price of 26 days ago but is inside the cloud. MACD is bullish with both lines above the zero line. MACD is hinting at a bullish price trend. As long as price stays above the cloud, we think price could be head to the previous high at $18.38 in the next 2-3 weeks.

Strategy                  

$17.50                Buy

$18.35                Price Target

$16.95                Risk Management Stop

3 weeks              Trade Duration