are you serious mate - ORD has rallied 61% from its recent low of 4.4 to the recent high of 7.1.
Its currently down 1.5% for the day on the back of a sharp fall in commodities and the Dow, as well as it being a red day on the asx. You can hardly call that sinking.
Traders will take their profits and ord will resume its apward trajectory, recent move to 7.1 touched the upper bollinger band , but has got the bollingers widening nicely....nothing to be concerned about.
The large sustained moves will come on the back of news flow, theres plenty of that to come.
VAN Price at posting:
6.5¢ Sentiment: Buy Disclosure: Held
