ORG 0.00% $10.62 origin energy limited

Hi Xerxes, Good job and happy days all round with Friday's...

  1. 873 Posts.
    Hi Xerxes,

    Good job and happy days all round with Friday's break.

    The gap (aka the chartist's hiatus hernia) at 30-34 confirms the long-standing resistance there.

    It might get filled, it might not, but $7.67 is obviously the next target.

    Your 20 day/50 day MA cross worked well. And as I suspected, the 200 day simple moving average pushed the price up and over the advantage line once again.

    Short term price movement is probably dictated by the outcome of Jingemia 7 this week, and the usual hydrocarbon price movements.

 
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