Venture

30th April - Venture has again turned lower by another 45 cents to close at $20.95. Looks rather shaky and critically landed on the 200 days Moving Average.

Will it be able to stay above this 200 MA or breaking down would be quite ulgy and may see further selling down pressure.

The selling volume seems to have subsided which might be a good indication that selling down pressure is slowing down .. I think a technical rebound may happen soon!


Not a call to buy or sell.

Please do your own due diligence.


 27 April - Unfortunately, Dow didn't help to safe this counter from sliding further. It is now trading near it's support level at 21 level which is quite close to it's 200 days Moving Average.

It seems to have bounce-off and staying above this 200MA. Breaking down would be super bearish!

Short term wise, it is rather oversold and may likely see a technical rebound . 20 days MA has crossed below 50 days MA, Which indicates that it is now on a downtrend mode.

Not a call to buy or sell.
Dyodd

Venture - looks like today we may likely see strong rebound after being sold down drastically for the past few days from $26.98 to a low of 19.84 before closing higher at $22.20. What an exciting roller coaster ride for both the Investor and trader . With Dow overnight closing positively due to better earnings, this counter may likely get lifted.

quote : Dow surges more than 200 points, Facebook and AMD jump after crushing earnings Facebook shares surged 9.1 percent after the company posted better-than-expected earnings and revenue for the first quarter. Advanced Micro Devices also posted earnings that topped expectations, sending its stock up about 14 percent. The strong quarterly numbers also lifted the S&P 500 and Nasdaq by 1 percent and 1.6 percent, respectively.( cnbc.com)

Yesterday, it has managed to bounce-off from the 200 days moving average and rises to close higher at $22.20. This is a short term reaction whereby Bull is taking control of the Bear.

Immediate resistance will be at $24.00 or $24.38 which is coincide with 100 days moving average. Breaking out of this level with great volume, that may drive the price higher towards testing the 50 days moving average at $27.00/

 not a call to buy or sell. please do your own due diligence.

Venture Corporation Limited, together with its subsidiaries, provides technology services, products, and solutions in the Asia Pacific. The company operates through Electronics Services Provider, Retail Store Solutions and Industrial, and Components Technology segments. It offers manufacturing, product design and development, engineering, and supply-chain management services to the electronics industry. The company also designs, manufactures, assembles, distributes, and trades in electronic, mechanical, and computer related products and peripherals; manufactures and sells terminal units; develops and markets color imaging products for label printing; designs, integrates, and trades in electronic security systems; and develops and supports information systems. In addition, it engages in the provision of manufacture, design, engineering, customization, and logistics and repair services; manufacture, design, fabrication, stamping and injection, metal punching, and spraying of industrial metal parts, tools, and dies; and design, customization, and marketing of tool-making and precision engineering solutions. Further, the company manufactures plastic injection molds and moldings with secondary processes and subassembly; and provides manufacturing services to electronics equipment manufacturers, as well as offers management services. Additionally, it imports and exports electronic parts, components, equipment, devices, and instruments. Venture Corporation Limited was founded in 1984 and is headquartered in Singapore.