ORE on the move higher on solid FY17 news release so watching for a partial

Trade Management

Current Open Alert

 

ORE – Orocobre Limited

Stock : ORE – Orocobre Limited

Current Price : 3.785

Previous Buy Entry (Trigger Level) : 3.45

Sell Exit Zone (Stop Loss) : 3.10

Status : On watch for Continuation Higher

ORE had some good news out today that kicked off the price higher on the open. We are now watching for reaction around resistance at 3.90 and then up to 4.90. The news out was positive and we expect to see further strong buying as the underlying price structure is great. Time to sit back and watch the 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.