atlon60

ORA Stock Symbol Extremly Strong Flag Pattren

NYSE:ORA   ORMAT TECHNOLOGIES INC
90 0 3
The Stock is going up for more then a YEAR !
The main trend is : UP
the Secondary trend : UP ( half year)
Minor trend : Flag pattern
the higher part of the flag was resistence Line , and now as we all can see the same LINE became Support Line.
Yestraday the trading day ended with Huge Green Hammer Chart on the support Line.
and today we got the last confrmesion by geting the next chart closing in even higher Price!.


Take profit : 63.84 (12 %)
StopLoss : 51.55 (10%)
THIS IS MY IDEA AND NOT ADVICE FOR ANYONE!!!
WHAT DO YOU THINK ABOUT IT?
Again i am not giving any advice to anyone to buy the stock , its only to study and tell me what do you think about it
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