Did you guys look into Venture Corp ?

Kaykaytrades
2021-10-26

Hello guys ! What do you guys think about $VENTURE CORPORATION LIMITED(V03.SI)$?Personally, I can see price reacting very nicely within a descending channel on the daily timeframe. [Tongue] 

On the H4 timeframe, I am expecting price to drop from the pivot level in line with the 61.8% Fibonacci retracement and 127.2% Fibonacci projection down to the intermediate support then the take profit level in line with the 61.8% Fibonacci retracement and 61.8% Fibonacci projection. My short-term bearish bias is further supported by the MACD Indicator where the Signal line cross above the MACD line. [Surprised] 

Potential Pivot level@19.45

Potential Take Profit level@18.03

Potential Stop Loss level@19.91

$Venture 5xShortSG230920(DVCW.SI)$

$Venture 5xLongSG211105(DLAW.SI)$

免责声明：上述内容仅代表发帖人个人观点，不构成本平台的任何投资建议。

精彩评论

  • DaisyMoore
    2021-10-29
    DaisyMoore
    That sounds interesting. Maybe you can introduce the basis of your prediction? Its trend line is very interesting.
  • MirandaTT
    2021-10-29
    MirandaTT
    "I am expecting price to drop from the pivot level in line with the 61.8% Fibonacci retracement " hey bro, may i ask how did you get this number? and btw thanks for your suggestion!
  • BorgPetty
    2021-10-29
    BorgPetty
    Thank you for sharing your insights. It goes as your plot indicated. Looking forward to your next prediction.
  • PorterLamb
    2021-10-29
    PorterLamb
    Look at its beautiful shock curve, perhaps there will be a new investment opportunity soon.
  • NinaEmmie
    2021-10-29
    NinaEmmie
    Is this downward trend short-term or long-term? I look forward to your analysis of this company.
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