ORP 0.00% 3.5¢ orpheus uranium limited

5 year down trend broken oropa in uptrend now, page-4

  1. 25,374 Posts.
    lightbulb Created with Sketch. 2
    Hi Rogues
    because of the widely ranging down trend over the past 5yrs
    I have drawn a standard error channel from Jan/08 for some sort of average downward trajectory(in Yellow). This thing has traded so thinly it has left yawning gaps all over the shop.
    (this can mean its tightly held)
    The last two Andrews Pitchfork sets do confirm a breakout at 5.00..It has run well since that break and needs to consolidate above the yellow standard error downline to confirm the longer term breakout you observed.
    Need help from the Funny mentals as this volatility history is hard to predict (tight stoploss calcs are not possible)
    good luck
    john
 
watchlist Created with Sketch. Add ORP (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.