ORG 1.01% $10.82 origin energy limited

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  1. 251 Posts.
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    I'm not a big chartist, but since the low at the beginning of this year ORG seems to have been channeling fairly neatly bouncing off a rising bottom line a couple of times and pulling back near the top of a rising top line a few times as well.
    For whatever value a channel has, ORG appears slightly overbought right now but not by much; and I'd guess around $8.50 in the new year and $9 by FY20 results time.

    Of course with the 1H20 or FY20 results I'd love to see an upwards breakout from a re-rate rather than continued channeling, but given the channel represents about 10-15% SP gain p.a. a continued neat march up the channel would still be a very nice
 
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$10.82
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$10.88 $10.96 $10.79 $48.65M 4.476M

Buyers (Bids)

No. Vol. Price($)
1 18071 $11.90
 

Sellers (Offers)

Price($) Vol. No.
$9.74 113086 3
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ORG (ASX) Chart
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