$ORG - rotation looks to be happening on cue.Moves into energy names. ths thing has broken a 16 year down trend and based. 8.95 close above and we will be looking at a bit of Buzz Lightyear.....
0.63USD
709.64 MUSD
11.01 BUSD
About ORIGIN ENERGY LIMITED
Sector
Industry
CEO
Frank Calabria
Website
Headquarters
Sydney
Employees (FY)
5.5 K
Founded
1946
FIGI
BBG000HKL155
Origin Energy Ltd. is an integrated energy company, which engages in exploration and production of natural gas, electricity generation, wholesale and retail sale of electricity and gas, and sale of liquefied natural gas. It operates through the following business segments: Energy Markets, Integrated Gas, and Corporate. The Energy Markets segment includes energy retailing, power generation and liquid petroleum gas operations. The Integrated Gas segment engages in growth assets business and management of LNG price risk through hedging and trading activities. The Corporate segment engages in various business development and support activities that are not allocated to operating segments. The company was founded on March 4, 1946 and is headquartered in Sydney, Australia.
Origin energy👀Excellent stock💎 to hold for long.
Nice breakout with huge volume.
A big gap up in an intermediate time period where gap up trading strategy can be used to go short to buy later.
Once it pullback to 6.47 level, then buy entry trigger.
The same high volume appeared on oct 2015, and the price had
ORG Breakout @ 25 Aug 2021ORG
first time doing a written analysis on ORG
ORG gapped up above the mid-term resistance with average volume --> good price action
If you are not in ORG already, it's best to wait for a formation of a Higher Low (HL) with a retracement and rebound
R is more than 10%
Strategy-to-buy – Suggest t
ORG - Potential Buying OpportunityORG has pulled back and is showing support at the current support level. This could be a sign that this pullback may be over and it could potentially move higher. I am targeting the Resistance level of $5.30 with a tight stop below the swing low (potential 22% gain).
Please note these are my own n
ORG - Bullish Trade PlanORG has bounced off strongly off Support with very High Volume, confirming its Bullish reversal. I expect a little correction to the downside as it looks like it is currently facing some resistance. There is also MACD Bullish Divergence on the Daily Timeframe and I expect a small correction or maybe
ORG.ASX_Range Breakout Trade_ShortENTRY: 3.93
SL: 4.17
TP: 3.44
- ADX>20
- RSI<50, RSI<30
- Daily RS -ve
- Daily FFI -ve
- Daily MACD -ve
- Weekly RS -ve
- Weekly FFI -ve
- Weekly MACD -ve
- Breakout from range with good volume
Buying on negative sentiment - bounce playI just bought some ORG, looking for a range bound trade on negative sentiment.
RSI at 25
Target sell price at 20% or 70 RSI
Triple bottom
Stop loss - manual - should be 8% but there could still be divergence that extends past that. If it did diverge I wouldn't sell but look to add more
Is $6.72 target on the horizon for ORG ?ABC correction is what may be unfolding with ORG and C target is shown on the chart @ $6.72. Will it be met or even exceeded ?
ORG - Potential Buying OpportunityBullish trend confirmation indications:
1. Impulsive price action at the break of the Downtrend line.
2. Price Broke out of the Downtrend Line with High Volume .
3. Price is retracing to the Buy Zone (Fib Retracement Level of 38.2% - 61.8%) between $4.50 - $4.85 Zone
4. MACD Histogram showing a pot
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