TRADESETUP

August 29, 2017

ORE ready to push to new highs as strong price structure builds

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New Buy Entry Alert

 

ORE – Orocobre Limited

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.

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