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Orkla ASAOrkla ASAOrkla ASA

Orkla ASA

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ORKLY trade ideas

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Downtrend but possibilities
ORK
, 1D
ORK: Downtrend but possibilities

Orkla is in a downtrend, however it has tested 75 kr multiple times with bounce. If 75 holds I reckon you can trade it up to trend roof.

Short on ORK until bounce
ORK
, 1DShort
ORK: Short on ORK until bounce

There has been a consistent trend in Orklas price action. Expect a dip and be ready t buy the bottom

ORKLA looking weak on Chart.
ORK
, 1W
ORK: ORKLA looking weak on Chart.

ORKLA ASA is weak on weekly & monthly chart. Needs to close above 81, for upside potential.

ORKLA - Trading range intact, time to enter.
ORKO
, DLong
ORKO: ORKLA - Trading range intact, time to enter.

ORKLA has been inside a trading range (74 - 87) for a while now. On 15/6-2018 it climbed 3% on high volume after being in danger of falling below the support at 74. This was a strong signal, indicating that 74 is indeed the floor. Lower highs in MACD and RSI has been an issue for a while, and we need to break that trend before this stock can rally. This is a...