trying to figure out the science and art of trading and investing

an exchange of trading and investing knowledge. the various postings in this blog are based on my personal opinion only and do not constitute as investment advice. The blog owner shall not be liable for any losses incurred by visitors who take investment action based on the postings.

Monday, October 02, 2006

Venture

A quick update on Venture. The close above $12.60 (last thursday and friday) was important on its continual upward push. Volume is encouraging as mild correction was with lower volume whereas push upwards are with higher volume.

Indicators are still encouraging. We should Venture testing its recent high of $13.50 soon. I would think it i will be a matter of time before $13.50 become a support. We should have a clearer picture by the weekend.

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