LONG- ORANBouncing off the uptrend line and closed at the 23.6 Fibonacci
First target 12.50
Second target 13.28
Market insights
Vers un retournement haussier ?L'action orange a atteint son point bas. L'indicateur Stochastic (34,5,50) est en sur-vente.
J'envisage une possible montée du titre vers la résistance des 15,00 euros.
ORA with inverse Head and shouldersWe see what appears to be head and shoulders pattern.
If break above neckline happens, a long position can be made with a target +9.
Orange SA France(Telecom) - Undervalued.This year in the report , the heads stated that they will increase the dividends by 0.05 euro cents. Meaning - earnings are better. As earnings are rising, dividends risen also, the stock moved higher, the questions is for how long. As it was floating in a highest range for quiet some time, I assume there will be the market correction to the bigger channels bottom.
As this company is owned also by a government of France, we do not expect it to skyrocket, but we assume it to be confident and steady for a good yearly %.
Analysed PE, BV and financial reports. We have a an undervalued company.
Briefly.
256 million customers worldwide.
0.65 Euros dividend per share.
15% of stocks - Government of France
85% of stocks - public float.
BUYING PRICES AND INVESTMENTS SPREADS: 12 - 10% of capital
10 - 10% of capital
9 - 15% of capital
8 - 20% of capital
SELLING PRICES - 16
17
Orange | A Potential BounceI am placing a small trade on Orange looking for price to go up to around 15 EUR.
I am stopping myself way down around 12 EUR.
Buy Signal! Follow the comments on the chart! if If the price goes up to the size of the stop loss point, put the stop loss on the entry point, Stop loss means that the closed price must be below the Stop line, the shadows are not acceptable
Orange SA price downtrend in many timeframesIn 1 day TF, in 4 hour TF, in 1 hour TF and even in 15 min timeframes, the trend is bearish.
