Trade Management
Current Open Alert
ORE – Orocobre Limited
Stock : ORE – Orocobre Limited
Current Price : 3.86
Previous Buy Entry (Trigger Level) : 3.45
Sell Exit Zone (Stop Loss) : 3.10
Potential 50% Partial Exit Zone (Target) : 3.90
Status : On watch for Continuation Higher
ORE had a great push higher into the close yesterday to finish on a strong note. We are now looking to take the opportunity to lock in some gains at 3.90 for a 50% partial exit. The longer term price structure looks great so we are happy now to give this room and look to the highs around 5.00.
ORIGINAL ALERT 29/8/17
Stock : ORE – Orocobre Limited
Current Price : 3.405
New Buy Entry (Trigger Level) : 3.45
Potential Sell Exit Zone (Stop Loss) : 3.10
Status : On watch for Buy Entry Trigger
ORE is showing some good price action and ready to trade to new highs. It has spent a lot of time contracting off the highs at 5.00 and recently held a higher low at 3.03 so we are now watching for the buy entry trigger at 3.45 on confirmation of an inside higher low. If 3.10 is traded prior to entry, then we will re-assess the price action.