Bullish potential detected for ORG

Entry conditions:
(i) higher share price for along with swing up of indicators such as DMI/RSI.

Depending on risk tolerance, the stop loss for the trade would be:
(i) below the rising quarterly VWAP (currently $10.47), or
(ii) below the recent swing low of $10.27 from 22nd July, or
(ii) below the most lower recent swing low of $10.02 from 7th July.

Dagangan aktif

UPDATE (week ending 24-Jul): Trade activated on Friday 24th July, although the volume itself hasn't increased (treat this as a lower priority trade, until proven otherwise).

3 hari lalu

Nota

UPDATE (week ending 31-Jul): Share price action improved over the past trading week, respecting the short-term moving averages of the 8 and 15 day EMA's, and successfully testing the declining 50 day MA, with a reasonable increase in volume along the way. Note some caution with the overhead resistance of $10.89 from the open of 11th February - depending on risk tolerance, aggressive traders may wish to place protective stops beneath the 15 day EMA, however may risk being whipsawed out of the trade for a scratch trade by doing so.

Ivory_Wolf

Join the socials here:

ivorywolf.start.page/ (Facebook / Telegram / YouTube)

Like/join/subscribe for the latest stock/crypto coverage!
...

Juga pada:

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.

Ivory_Wolf

Join the socials here:

ivorywolf.start.page/ (Facebook / Telegram / YouTube)

Like/join/subscribe for the latest stock/crypto coverage!
...

Juga pada: