Saturday, September 21st, 2024

The chart of Venture Corp.

Venture Corp:

    • Current Price: S$13.79
    • Target Price: S$14.70
    • Stop-Loss Price: S$13.53
    • Recommendation: Trading Buy
    • Investment Thesis: Venture Corp has formed a possible bottom at S$13.23, with a potential hammer candlestick pattern signaling a reversal. The stock’s relative strength index (RSI) is rising, further supporting a bullish outlook.
    • Financials: Venture Corp is targeting a short-term upside to S$14.70, supported by solid fundamentals. The company also holds a longer-term target of S$16.17 based on institutional research.
    • Key Catalysts: The recovery in demand for high-technology solutions and increasing orders from global clients are driving Venture’s growth prospects. The stock has displayed resilience, positioning itself for a rebound.

      Thank you