So what do we have on the share chart so far for ORD? A 15 week basing pattern forming a "Cup" from the 5th Nov. '24 to 21st Feb. '25. This is excellent as it is a longer duration basing pattern forming a decent solid base. It is followed by a low retracement "Handle" from 21st Feb to 26th Feb. (Bullish). Subsequent strong breakout and rally to 78.5 cents on 28th Feb. This breakout has been followed by a large sideways move for 8 weeks from 28th Feb to 24th April. The sideways move has stayed well above the top of the "Cup and Handle" basing pattern (Bullish). There are "Ascending Trendlines" (higher and higher trendlines) on the Daily and Weekly Charts (Bullish). A break above 64 cents next week should see price re-visit the 75 cent level. Good results from the DD should see ORD break to new highs above the 78.5 cent level. DD results could drop anytime from now. Let's hope it's next week.
GLTASH. AIMO. DYOR.
ORD Price at posting:
61.5¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)