SG Technical Analysis For the week.
Bullish!
Venture is a global provider of technology products and solutions. It is best known for its superior capabilities in Original Design Manufacturing (ODM) and providing high-mix, high-value, and complex manufacturing. (reference: DBS)
With the recent interests in AI and advancement in technology, it is likely that a company who works globally will gain traction.
TA wise, Venture has broken out of my downtrend line with a good volume. Wick above candle shows buying interests, and candle closing green shows buyers gaining control.
On daily chart, what comes down fast in a straight line will likely go back up in s straight line too. š„š„š„
DYODD.
Target price: $15, but might face resistance around $14.20.
Stay safe, and keep grinding!
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