Venture to the ππ₯π₯
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. π₯π₯π₯
DYODD.
Target price: $15, but might face resistance around $14.20.
Stay safe, and keep grinding!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.