ORI 0.80% $17.39 orica limited

TP=$11 if $15 cannot hold, page-2

  1. HSP
    5,051 Posts.
    lightbulb Created with Sketch. 82
    low on 6/8/15 = 1877c
    high on 7/8/15 = 1644c, a big gap

    the market tried to fill the gap on 11/8/15, H=1666c -------->Failed
    the market tried to fill the gap on 9/10/15, H=1712c -------->Failed
    the market tried to fill the gap on 12/10/15, H=1723c -------->Failed
    the market tried to fill the gap on 20/11/15, H=1716c -------->Failed

    only 34% of the gap was filled ------->this is an another weak signal as less than 50%

    SP is likely going to break the bottom of the range, $14.75
    then would start a new downtrend
 
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