Venture Corp

Citigroup needs a bailout! So it seems. How many times have we seen these kinda see-saw movements. It has become like an everyday activitiy and the market looks like it has gotten used to all of it.

I’m a lil tipsy from a drinking session with the bride, bridegroom, the best men and the bridesmaid.  What did I see today hmm.. Venture caught my eye. Seems like there was a sell call done. Take a look at the support levels which cracked on high volume. Confirmation will come to see if it manages to re-test and recapture the support turn resistance. Cut loss point is around 4.35.

Keep a close watch as the market has rallied into anticipating Obama is gonna pick Timothy Geithner as Treasury Secretary, as well as a whole slew of economic indicators out on Wed. Hang tight!