Bullish potential detected for ORGEntry conditions:
(i) breach of the upper confines of the Darvas box formation for ASX:ORG
- i.e.: above high of $11.69 of 16th June (most conservative entry), and
(ii) swing up of indicators such as DMI/RSI.
Stop loss for the trade (based upon the Darvas box formation) would be:
(i) below the su
0.56 USD
959.14 M USD
11.09 B USD
About Origin Energy Limited
Sector
Industry
CEO
Frank Calabria
Website
Headquarters
Sydney
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, Share of Octopus Energy, Integrated Gas, and Corporate. The Energy Markets segment includes energy retailing, power generation and liquid petroleum gas operations. The Share of Octopus Energy segment focuses on the Origin’s investment in Octopus Energy Group Limited (Octopus Energy). The Integrated Gas segment engages in growth assets business and management of LNG price risk through hedging and trading activities. The Corporate segment includes 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.
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ORG buy on next pullback, trend followORG is looking good on the weekly, holding trendline.
Daily shows earnings disappointment but post divs, price still held 9.50 and is now breaking past the $10 PoC set by that range.
Look for a pullback from here for long entry, partial on ATH, hold the rest for trend follow.
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
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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