ORE is on the move up so locking in further gains

Trade Management

Current Open Alert

 

ORE – Orocobre Limited

Stock : ORE – Orocobre Limited

Current Price : 4.10

Previous Buy Entry (Trigger Level) : 3.45

New Sell Exit Zone (Stop Loss) : 3.55

Previous 50% Partial Exit Zone (Target) : 4.00

Status : On watch for Continuation Higher

ORE is looking fantastic as price is about to punch up through 4.10 minor resistance. We have taken the opportunity to raise the risk level to lock in some minor gains on the remaining trade after previously locking in a partial exit on the open at 4.00. Now all we can do is sit back and enjoy the price action.

 

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.