Venture

Venture got a positive note from DBS and raise its target to $13.90. The price movement of the last 2 days effectively reverse Venture from its previous downtrend. If the momentum can be sustain, we could see it testing the $13.00 level tomorrow and perhaps the recent high of $13.60

The volume, MACD and STO all looks promising. Not vested. With the seasonal rotation coming into play for tech stocks.

Venture can really stand to benefit from this reversal. Going into Q406, some of the tech counters got upgraded by GK this morning as well. It apprears that the stage is set for some tech rally cum year end. However, i think there will be a general market correction before the start of this rally.

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