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Mar 29, 2022 1:50 AM

Origin Materials | ORGN | Short to the $5s Short

Origin Materials, Inc.NASDAQ

Description

Origin Materials ( NASDAQ:ORGN ). Based purely on technical analysis, this looks a little weak at its currently level. If the market corrects soon, I anticipate this to follow and go below $6. Using the volume profile, there is support near $5.35 (then down to the support lines). In the near-term, this may be a good short below $6, but if the market melts-up, it may move quickly with it.

Above the dotted blue line before a dip, thesis breaks.
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