ORG – Origin Energy Ltd

These extracts from my trading diary are for educational purposes only and should not be interpreted as investment or trading advice: Terms of use

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Code: Company Name: Sector: Size: Confirmed Trend:
 

ORG

  

Origin Energy Ltd

  

Energy

  

ASX Top 20

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Commentary:

Origin Energy remains in an up trend after making a Dow Theory entry - most recently in September 2009 at $15.70.  Although the trend currently is weak, it would take two closes below an up trend line or (preferably) a Dow Theory exit to confirm a new down trend when it comes.

Alternatively, you could use the previous trough at $15.25 as a fail-safe.

Click the chart below to enlarge:

 

Previous Trend Changes:

Nil

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February 4, 2010  Tags: , , , ,   Posted in: Research On Australian Stock Trends

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