Thursday, January 17, 2019

Venture - Severe Breakout Today



Heavy breakdown in Venture today. The stock gap up I believe yesterday where late buyers went into bought. Today it broke down and caught too many last minute chasers where the sellers were huge. In the 5 minute chart, the stock was lacked of buyers and the sellers just took control. The scripts and floating supply was huge while the buyers diminished. It broke down severely and I should have shorted this counter instead. Faster and bearish chart setup.

Ronald K - Market Psychologist - A Stock Market Opportunist