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Watching for Breakout in ORBK
ORBK is in a strong long-term uptrend. Multiple times it has consolidated near prior peaks and then broken out for a 10%+ advance.
No trade yet. Letting the stock consolidate. It if does, then will consider a long trade on a breakout higher. Do nothing if the stock breaks lower first.
High momentum stock, so could also use a trailing stop loss for exit instead of the target-based approach.
Disclosure: no position yet.
No trade yet. Letting the stock consolidate. It if does, then will consider a long trade on a breakout higher. Do nothing if the stock breaks lower first.
High momentum stock, so could also use a trailing stop loss for exit instead of the target-based approach.
Disclosure: no position yet.
Cory Mitchell, CMT
Stock and forex trading insights at tradethatswing.com/
Stock and forex trading insights at tradethatswing.com/
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Cory Mitchell, CMT
Stock and forex trading insights at tradethatswing.com/
Stock and forex trading insights at tradethatswing.com/
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。