shane93676

ORA, Tight Flag

Long
shane93676 Updated   
ASX:ORA   ORORA LIMITED
Price consolidating above 200 ma. Looks like a flag, or marginal tight flag forming. A couple of High volume selling bars, fails to break below pivot. This is significant. Buyers set back in a few bars later. Bought the lowest red volume bar. Sellers are done (fingers crossed)! ML has been zoomed, and now expect a retest of it, and if holds then look for UML.
Comment:
move s/l to 3.43 and lock in small profit
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