Venture - Daily
Good set of results. However, the anal-list have 2 camps now. Some shouting buy (cos they have and want to sell) some shouting sell (cos they dun have and want to buy) We got a famous local one which is shouting "SELL"
Anyway, back to the charts. It is a good close ( closed 10 cents higher at $13.40) Point to note is volume was half of yesterday, there are a little more buyers than sellers today which point to more possible upside if we look at the daily charts. It is now sitting between the 50% and 61.8% retracement. MACD, STO and RSI all look healthy and we could see Venture testing $13.50 tomorrow (61.8% retracement from $14.50 and yesterday's resistance)
Good luck to those vested. VENTURE CHEONG AH!!!
Anyway, back to the charts. It is a good close ( closed 10 cents higher at $13.40) Point to note is volume was half of yesterday, there are a little more buyers than sellers today which point to more possible upside if we look at the daily charts. It is now sitting between the 50% and 61.8% retracement. MACD, STO and RSI all look healthy and we could see Venture testing $13.50 tomorrow (61.8% retracement from $14.50 and yesterday's resistance)
Good luck to those vested. VENTURE CHEONG AH!!!
0 Comments:
Post a Comment
Subscribe to Post Comments [Atom]
<< Home