AsimMirzaTrader

ORG - Bullish Trade Plan

Long
ASX:ORG   ORIGIN ENERGY LIMITED
ORG has bounced off strongly off Support with very High Volume, confirming its Bullish reversal. I expect a little correction to the downside as it looks like it is currently facing some resistance. There is also MACD Bullish Divergence on the Daily Timeframe and I expect a small correction or maybe a backtest of support near $4.20 - $4.35 zone which could give a fantastic opportunity to get long with a target towards TP1 - $5.30 and TP2 - $6.00.

Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.

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