ORA has triggered the Stop Loss level so the alert is now closed
Previous Alert 9/7/18
Current Active Alert Management ORA
Time Frame : Daily/Weekly
Sector : Materials/Packaging and Containers
Key Stats : $4.09 Billion Market Cap, VWAP 3.423, ASX Ranking 93, PE Ratio 22.2, Div Yield 3.54%.
Company Overview : Orora Limited works closely with its customers to provide an extensive range of tailored packaging and visual communication solutions which include design and manufacture of packaging products such as glass bottles, beverages cans, corrugated boxes, recycled paper, multi-walled paper bags and point of purchase displays.
ORA – Orora Limited
ORA has continued on with Fridays strength as buyers continue to pile on the pressure. We are watching now for the opportunity to take a partial exit at 3.73 and lock in some gains. Happy also to raise the stop loss level slightly to 3.52.
Stock Code : ORA – Orora Limited
Company Website : www.ororagroup.com
Previous Buy Entry (Trigger Level) : 3.49
New Sell Exit Zone (Stop Loss) : 3.52
Potential 50% Partial Exit Zone (Target) : 3.73
Current Price : 3.66
Status : On watch for continuation higher
Original Alert 6/6/18
New Buy Entry Alert ORA
Time Frame : Daily/Weekly
Sector : Materials/Packaging and Containers
Key Stats : $4.09 Billion Market Cap, VWAP 3.423, ASX Ranking 93, PE Ratio 22.2, Div Yield 3.54%.
Company Overview : Orora Limited works closely with its customers to provide an extensive range of tailored packaging and visual communication solutions which include design and manufacture of packaging products such as glass bottles, beverages cans, corrugated boxes, recycled paper, multi-walled paper bags and point of purchase displays.
ORA – Orora Limited
ORA is in a well established up trend on the weekly charts and is showing strong signs of continuing into new highs. We are happy to buy on a push up through 3.49 and will hold the stop loss at 3.35. If price falls below 3.35 prior to entry then we will re-assess the alert
Stock Code : ORA – Orora Limited
Company Website : www.ororagroup.com
New Buy Entry (Trigger Level) : 3.49
Potential Sell Exit Zone (Stop Loss) : 3.35
Current Price : 3.45
Status : On watch for buy entry trigger
