Hi guys, this is my first post here on tradingview and I hope that you'll find it interesting.
I'm not an expert and my analysis may be wrong and this is not a financial advice.
After drawing the trend and connecting support and resistance levels, Fib Retracement helped me to find a very bullish triangle waiting to build up. I think that if we have the confirmation of the pattern in the following days, we can easily breakout and retest the $19.5-$20 support, to confirm the parabolic that is about to happen.
I bought ORN at 16.3 and i think that was the very bottom for now, if we manage to break the triangle.
Let me know what you might think! Have a great day <3
I'm not an expert and my analysis may be wrong and this is not a financial advice.
After drawing the trend and connecting support and resistance levels, Fib Retracement helped me to find a very bullish triangle waiting to build up. I think that if we have the confirmation of the pattern in the following days, we can easily breakout and retest the $19.5-$20 support, to confirm the parabolic that is about to happen.
I bought ORN at 16.3 and i think that was the very bottom for now, if we manage to break the triangle.
Let me know what you might think! Have a great day <3