I am expecting further down trend for Venture Corp. Firstly the electronics market seems to be heading for some kind of slow down. Nasdaq is also experiencing some strain recently. Secondly, from the technical analysis, it has bounce off 200MA and then 50MA and 20MA. The pattern seems to resemble what some people called "the kiss of death". But they are not exactly the kiss of death since it did have the kind of sudden surge in price and sudden fall within the same day.
Waiting to see if it will bounce off the 20MA again.
This web log was initially created for people who trade Singapore Stocks over "weekends". It has now evolved into real trading logs and analysis of market and stock situations using technical analysis. This becomes a record of my trading and lessons learned from trading. For more trading lessons please visit: Good Investing Lessons or Good Investing Lessons (Old)
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- ES Sei
- I'd like to share my experiences and knowledge about healthy and happy living as well as mid-life crisis. 不以物喜,不以己悲。
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