OROCFOrocobre has been going great since entry @2,50. Rebuy levels havent been reached yet and thus i will just let in run on. looking to add on @3,21 and 3. OLongby ValloLocoUpdated 4
OROCF - new cycle forming in growth trendI am expecting a pullback to 4.50 (fib 0.61 level of the growth trend cycle established mid 2017) ; here's a nice entry position to ride the next upswing beyond 5.60 - Oby vlenz110
OROCF: Profit target reachedToday, OROCF behaved as supposed in my yesterday's fib trace forecast & shot up to 5,20 this afternoon (GMT+1). According to my trading plan, I took profits at 5,17 and will reenter once the expected pullback to fib 0,78%-level (around 4,50) will have completed this wave. There's even some fundamental evidence for a pullback to come on this pure play lithium stock. First, we observe signs of exhaustion in a recent run of TSLA, whose performance shows strong correlation with lithium miners' performance. Second, as Orocobre, headquartered in Australia, has all of it's premium assets concentrated in Argentina, OROCF investors may be worrying about the increasing political instability showing up there. However, there's a lot of looming potential with OROCF, so I expect this stock to make another jump to 6 by end of Jan.OLongby vlenz1
ORO: on the ladder of successFeels like there's headroom left here for short term profit. Next resistance level according to this fib trace would be around 5$ or even somewhat higher at 5,20. I will take a short term exit there an wait for a pullback to the 0,78 fib line to reenter. OLongby vlenz0