Chart Source: Poemsview 23rd Jan 2019
Venture part of the STI component stock moved up this morning but hit a roadblock at the $15.64 area. It didn’t manage to break that and started retracing.
Venture is on our watchlist as it might start to pullback since it can’t break the resistance.
Our uptrend line is drawn too as a support and if that breaks we might also see a pullback. Only thing about Venture is that its a relatively thin stock. So it can be quite volatile at times.
What’s trade plan for Venture?
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