diamond top to tis years lowsdiamond top to tis years lows to 32.50 to 33.50 range.
first sign that pattern will break is swing high not reaching pattern trendline we can confirm that tis is swing high from oscillators both are pointing down.
0.83USD
234.39 MUSD
1.29 BUSD
About Orion Corporation OY
Sector
CEO
Aino Anna Liisa Hurme
Headquarters
Espoo
Website
Employees (FY)
3.63 K
Founded
1917
FIGI
BBG000WB0DP3
Orion Oyj develops, manufactures, and markets human and veterinary pharmaceuticals and active pharmaceutical ingredients. It specializes in central nervous system disorders, oncology, and respiratory diseases. The firm's customers are specialist and general practitioners, veterinarians, pharmacies, hospitals, healthcare centers, clinics, and laboratories. The company was founded by Onni Turpeinen, Eemil Tuurala and Wikki Valkama on September 21, 1917 and is headquartered in Espoo, Finland.
ORION misses investor expectations: Q4 EBITDA -31.3%FUNDAMENTAL:
The company improves EBITDA YoY +9.0% but misses Q4's by -31.3%.
Net Sales (YoY) +2.6% but missed Q4 -7.0%
Outlook for 2021:
Net sales in 2021 slightly lower than in 2020.
Operating profit estimated to be lower or clearly lower than in 2020.
TECHNICAL:
Fibonacci Retracement level sugge
ORNBV BUY OR LONG , TARGET UP TO $58$ORNBV ,The price broke above the old high at $ 44 dollars then
back tested and created a bullish flag pattern.
Buy Long : $46.50
Target : $58 +-2
Stop loss : 10%
Wish you good deals!
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