The price for Venture Corp gap down today. The stock just released their earnings but the market reacted otherwise. Click below and read their earning reports.
https://www.theedgesingapore.com/venture-corp-reports-86-rise-1q-earnings-909-mil-higher-revenue
From the chart wise, there were profits takings, distribution, sellers, weak buyers but more importantly hidden selling before the stock gap down today even though the results was released. The stock sold down very heavily today which could spell troubles for the tech sector. The Top Volume was flashing Venture today which was seldom seen. I would look for the next entry point for shorting for those who missed the first wave of shorts when the stock moved up with weak buyers.
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Ronald K - Market Psychologist - A Stock Market Opportunist
