Tuesday, April 13, 2010

Sold Venture

Sold 2 lots at $9.51.

Still in uptrend, but overbought, approaching resistance.

It has shot up on healthy accumulation, from 8.36 to 9.50, 10% in 3 weeks. I bought halfway through, so 5% profit in 7 days. Since support is below my buy price, decided to take profit.

May be able to buy back on a healthy retracement, if it could establish a support level.