ORION, GO TIME!! 80% swing tradeOrion is showing signs of life.
Big volume spike!!!
The RSI is above the 50 level. Orion really likes this 50 level on the RSI and tends to rally real fast above it.
The RCI3 and the TDI are both confirming with confluence and momentum growth.
Target is at least $1.80
Not financial advice
Thanks
weAreSat0shi
Orionlong
Orion Protocol (ORN) formed bullish Gartley for upto 15% pumpHi dear friends, hope you are well and welcome to the new trade setup of Orion Protocol ( ORN ) with US Dollar pair.
Recently we caught more than 28% pump of ORN as below:
Now on a 4-hr time frame, ORN has formed a bullish Gartley pattern for another price reversal move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Orion Protocol (ORN) forming bullish Gartley for upto 25% pumpHi dear friends, hope you are well and welcome to the new trade setup of Orion Protocol (ORN).
On a 4-hr time frame, ORN with BTC pair is about to complete the final leg of a bullish Gartley move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
ORION misses investor expectations: Q4 EBITDA -31.3%FUNDAMENTAL:
The company improves EBITDA YoY +9.0% but misses Q4's by -31.3%.
Net Sales (YoY) +2.6% but missed Q4 -7.0%
Outlook for 2021:
Net sales in 2021 slightly lower than in 2020.
Operating profit estimated to be lower or clearly lower than in 2020.
TECHNICAL:
Fibonacci Retracement level suggests Orion's about to break 0.618 level downwards up until 29.60 support level. Besides the RSI 14 touching upper boundaries, the harmonic figure of a Bearish bat pattern might also confirm the change to downward trend which may last until April 19th.
Further digging from 29.60 support is unexpected. the Company's P/E ratio is aligned with that of the industrial sector: 22.84 (vs industry's 21.18)
