Venture Global, Inc.
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Stock Of The Day / 03.06.25 / VG

145
03.06.2025 / VG #VG

Fundamentals. Earnings report did not meet expectations.

Technical analysis.
Daily chart: Downtrend. All-time low.
Premarket: Gap Down on increased volume. We mark the premarket level of 11.40.
Trading session: The impulse from the opening was stopped at 10.15, after that we observe the pullback and breakout the level of 11.40. The price returned below the level after 10:15 a.m. and entered the trading range below the level. We are considering a short trade to continue the initial impulse in case of holding 11.40. Note the significant decrease in buy volumes after 10:15, which is an additional signal for a change in the balance of power between buyers and sellers.

Trading scenario: #pullback along the trend (#false breakout with retest) of level 11.40

Entry: 11.19 when exit down from the trading range below the level

Stop: 11.48 we hide it behind the high of the trading range

Exit: Close part of the position before level 10.15. Close the remaining part of the position at a price of 10.02 when the structure of the downward trend is broken.

Risk Rewards: 1/4

P.S. In order to understand the idea behind the Stock Of The Day analysis, read the following information.

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