Chart source: Poemsview 6th Nov 2019
Venture having being supported by its horizontal support of around $15.10 saw a nice bounce up after it crossed over its 100ema. An entry above the 100ema at $15.61 saw a nice trade to the upside of 5% to near our third target of $16.41.
We’re glad we alerted our EXCLUSIVE CLIENTS when we saw the crossing. This allowed them to plan, prepare and proceed. Venture current resistance is around $16.40 and a break above that might see it move to $17.
Venture’s results will be coming out very soon on the 8th nov after market so with that in mind it is always good to book some profit just in case the results might not meet expectations.
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