Venture
Venture has been consolidating above the Fibo 61.8 level.
Yesterday a small shooting star candle is formed with slightly higher volume.
On top of that, Venture has moved below the 20MA after many months.
If Venture were to break the 8.48 level convincingly, its likely it will come down to around 8 level.
If Venture is able to find support at 8.48 and move higher, it might go towards 9.19 level where we will have a big falling window resistance as well as the Fibo 71.8 level.
Disclaimer: The purpose of this blog is not intended to promote any insider trading or manipulation activity. This blog is created only for education, discussion and knowledge sharing. All charts and information can be obtained freely from the public internet. All analysis are based on my own personal view. It should not be used as a decision to solicit buy/sell activity. Use all information at your own discretion.
Showing posts with label Venture. Show all posts
Showing posts with label Venture. Show all posts
Wednesday, 4 April 2012
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