Embarking on a long position in ORPEA (ORP) requires a keen understanding of its inherent risks, notably stemming from a previous scandal that has cast a shadow over the company's reputation. However, amidst these challenges, ORPEA is undergoing a significant transformation, including a consolidation of shares where 1000 shares will be transformed into 1 share at...
Watch ORPEA’s revival …. Liquidity will trigger a Massive Bullish Run. I leave this for history.
After 2 years and a half of its ATH at 127€ (17th Feb 2020) and after losing 95% of its value, Orpea shares seems to be constructing a falling wedge that could lead to a trend reversal. We can see that volume has been decreasing during the construction of the falling wedge and RSI minimums are increasing, price could break violently the wedge resistance giving a...