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Thursday, April 7, 2016

Venture

Venture - 7th April 2016

Venture after hitting the low of 7.65 on 28th Jan 2016 it had managed to continue to trend higher to touch 8.43 on 1st April 2016. This is rather bullish.



The current price of 8.43 is staying above the SMA lines which is generally rather positive.

Also both Macd & Rsi are still edging higher which may be a tell tale sign that the share price may continue to head higher.

Short term wise it may continue to trend higher to re-visit 8.50. Crossing out of 8.50 with good volume that may drive the share price to head higher towards 8.63.
(trade base on your own decision)

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