ORBCOMM Inc (ORBC) 1-2 months investing
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As we can see on weekly chart, there is a strong long trend, bullish price channel and some long-vision signals, such as:
mirror-line, which was retested a created up-bar
unconfirmed flag with great potential,
support inclined lines with growind delta
decreasing volume on 5 last bars (down-bars).
Our recomendation to buy it. Buying price 9.90-10.00, stop-loss 9.46 (-1 tic 9.47 - re-test of mirror line)
Targets are connected with old (year 2007) price levels of resistance. The first target 11.50. If bullish trend continue and there is appropriate signals, the second target id 14.00.
mirror-line, which was retested a created up-bar
unconfirmed flag with great potential,
support inclined lines with growind delta
decreasing volume on 5 last bars (down-bars).
Our recomendation to buy it. Buying price 9.90-10.00, stop-loss 9.46 (-1 tic 9.47 - re-test of mirror line)
Targets are connected with old (year 2007) price levels of resistance. The first target 11.50. If bullish trend continue and there is appropriate signals, the second target id 14.00.
Trade fermée: ordre d’arrêt atteint
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