Taking it to the streets. Stockhouse.com: Taking it to the street
Orbite Aluminae Inc.  ORT go to snapshot add to favorites
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Technicals
Echofox821
11/18/2012 8:34:07 PM | No Recommendation | 304 reads  | Post #31793669
 

 

Taking a look at the chart I made below you can see quite a few positive indicators for Orbite. Our symmetrical triangle also indicates a breakout in the near future.

 

Trading above the 200dma (red line) - POSITIVE

50d SMA (blue line) in an upward trend - POSITIVE

SP coming very close to touching the bottom bollinger band indicating the stock is oversold - POSITIVE

RSI of 37.4. Getting close to the "magical" number of 30 indicating a buy signal - POSTIVE

 

1000

 
 
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