ORE is struggling to push higher so calling it a day and closing final position

Trade Management

Closing ORE at current market price of 4.18

 

ORE – Orocobre Limited

ORE has struggled to push higher through 4.50 so we are now happy to call it a day and lock in the final gains at 4.18. Alert is now closed.

 

Stock Code : ORE – Orocobre Limited

Company Website : www.orocobre.com.au

Current Price : 4.18

Previous Buy Entry (Trigger Level) : 3.45

Previous 50% Partial Exit Zone (Target) : 4.00

Status : Closing the Alert

 

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.