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Krab
Apr 10, 2015 12:26 PM

Orion Marine Group Inc: awaiting the breakout Long

Orion Group Holdings, Inc.NYSE

Description

On the weekly chart, Orion Marine Group Inc. shares are hovering around the USD 8.80 support level. The nature of this movement implies, albeit falsely, that this mark will be breached to the downside. If this is so, a bullish divergence pattern could shape up on the chart of RSI, and it is advisable for investors to wait for this time and then to launch bullish positions with a target of USD 11.
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