Thursday, June 04, 2020

Venture - Bullish Double Bottom

A "Double Bottom" chart pattern formed on Venture Corp Ltd (V03:SGX-ST). This bullish signal indicates that the stock price may rise from the close of 16.46 to the range of 17.200 - 17.400.



Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

No comments:

Post a Comment

Singapore Stock Investment Research