ORE closed strong so now its time to take a partial exit to lock in some some gains

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.