ORE continues to push higher as the buyers stay in control

Trade Management

Current Open Alert

 

ORE – Orocobre Limited

ORE is kicking higher as the buyers well and truly remain in control. The mineral exploration company has had some great news recently so we expect to see the trend up continue. We are now raising the risk level to lock in some more gains. Watching the action unfold from here.

 

Stock Code : ORE – Orocobre Limited

Company Website : http://www.orocobre.com.au

Current Price : 4.32

Previous Buy Entry (Trigger Level) : 3.45

New Sell Exit Zone (Stop Loss) : 4.10

Previous 50% Partial Exit Zone (Target) : 4.00

Status : On watch for Continuation Higher

 

 

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.