Orbit Exports - Investment Stock!

16 thg 3, 2017

Orbit Exports is forming an irregular rounding bottom. High spike at the end of Jan shows big players has entered. The rounding bottom or saucer bottom is a long term reversal pattern which indicates a shift from the downtrend to an uptrend. This pattern forming in the weekly chart indicates this script is turning from bearish to bullish . When buyers enter the market at a low price, it increases the demand for the stock . Once the rounding bottom is complete, the stock breaks out and will continue the uptrend. I expect this stock to gain 30 to 40 points in a year or two.

30 thg 11, 2017

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