Long
ORN's breakout until 13th April ?
Hi guys, this is my first post here on tradingview and I hope that you'll find it interesting.
I'm not an expert and my analysis may be wrong and this is not a financial advice.
After drawing the trend and connecting support and resistance levels, Fib Retracement helped me to find a very bullish triangle waiting to build up. I think that if we have the confirmation of the pattern in the following days, we can easily breakout and retest the $19.5-$20 support, to confirm the parabolic that is about to happen.
I bought ORN at 16.3 and i think that was the very bottom for now, if we manage to break the triangle.
Let me know what you might think! Have a great day <3
I'm not an expert and my analysis may be wrong and this is not a financial advice.
After drawing the trend and connecting support and resistance levels, Fib Retracement helped me to find a very bullish triangle waiting to build up. I think that if we have the confirmation of the pattern in the following days, we can easily breakout and retest the $19.5-$20 support, to confirm the parabolic that is about to happen.
I bought ORN at 16.3 and i think that was the very bottom for now, if we manage to break the triangle.
Let me know what you might think! Have a great day <3
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.