A well established up trend set to continue to new highs

New Buy Entry Alert ORA

Time Frame : Daily/Weekly

Sector : Materials/Packaging and Containers

Key Stats : $4.09 Billion Market Cap, VWAP 3.423, ASX Ranking 93, PE Ratio 22.2, Div Yield 3.54%.

Company Overview : Orora Limited works closely with its customers to provide an extensive range of tailored packaging and visual communication solutions which include design and manufacture of packaging products such as glass bottles, beverages cans, corrugated boxes, recycled paper, multi-walled paper bags and point of purchase displays.

 

ORA – Orora Limited

ORA is in a well established up trend on the weekly charts and is showing strong signs of continuing into new highs. We are happy to buy on a push up through 3.49 and will hold the stop loss at 3.35. If price falls below 3.35 prior to entry then we will re-assess the alert

 

Stock Code : ORA – Orora Limited

Company Website : www.ororagroup.com

New Buy Entry (Trigger Level) : 3.49

Potential Sell Exit Zone (Stop Loss) : 3.35

Current Price : 3.45

Status : On watch for buy entry trigger