ORANGE: GARTLEY detected!
Rebound possible!
Wait for the “rectangle” area before attempting a purchase!!!
To Watch: EMA.50 (H2) and EMA.200 (Daily).
Fibonacci / Bollinger / ICHIMOKU levels.
I read somewhere that companies are not required to pay dividends to shareholders (this is correct, yes?).If so, then if company A never pays dividends to its shareholders, then what is the point of owning company A's stock? Surely the right to one vote for company A's Board can't be that valuable.What is it that I'm missing?
definitely if the stock has no...
Orange S.A. offers various fixed and mobile telephony, data transmission and other value-added services to customers, businesses and other telecommunications operators in France and internationally. It operates through International Carriers and Shared Services; and Mobile Financial Services segments.
Falling Wedge on 2D chart
This is a strong bullish pattern
This falling wedge is also coupled with a double bottom along the lower trend line of the falling wedge
Not sure about the irregular flat pattern (correction of the high @10,865) but assuming the last movement was a C wave and assuming this C wave can be divided in an 5 waves impulse then the low would be behind us @9,159. A little frustating is the fact that the gap @9,156 has not been filled
Anyway in this case a entry point would be the breakout of the 4th wave...
Orange has been trading sideways for month and half now. RSI and MACD have bullish direction despite price action lacking any trend at the moment (which is reflected in low ADX). Stochastic is also bullish. We think Orange has upside potential in medium and long term. Because of that we would like to set our medium term price target to 12 EUR per share.
Current...
Orange broke above its short term resistance around 11.50 USD. At the same time Orange exited rectangle formation which may coincide with the beginning of new trend. Although, this has to be taken with caution as further confirmation is needed. In terms of the technicals RSI and Stochastic are bullish. MACD performed crossover above 0 points which is bullish as...
- Orange market will go up so
- According to my vision it's the best time to buy
- BUY and make money ..... The percentage of
the descending of the market is 0%
Orange is a clear underperformer to othe telecomication companies.
It crazly fast came back after the covid drop but then stay sidewards for many month.
It's an high dividend and value stock.
I put in a signal if it breaks out on trend channel, then it could develop to a buy... currently I am neutral
Rupture du triangle + golden cross imminent + rupture des 0.236 = premier objectif 0.382 (11.05€) / deuxième objectif 0.618 (12.56€) / troisième objectif 0.786 (13.625€)
I expect the price will carry on inside the descending channel in 2021 as the french market may soon face headwinds (rising inflation, rising treasury yields, global consolidation after long bullish trend).
In addition Orange also recons difficulties ahead in 2021 to generate free cashflows, a situation likely to improve in 2022 according to the management. 2022...
By Sun Storm Investment Research
A Profit & Solutions Strategy
Web: sunstorminvestment.tk
Disclaimer: I am not a financial advisor, so please do your own research before trading anything
