Orkla is in a downtrend, however it has tested 75 kr multiple times with bounce. If 75 holds I reckon you can trade it up to trend roof.
There has been a consistent trend in Orklas price action. Expect a dip and be ready t buy the bottom
ORKLA ASA is weak on weekly & monthly chart. Needs to close above 81, for upside potential.
ORKLA has been inside a trading range (74 - 87) for a while now. On 15/6-2018 it climbed 3% on high volume after being in danger of falling below the support at 74. This was a strong signal, indicating that 74 is indeed the floor. Lower highs in MACD and RSI has been an issue for a while, and we need to break that trend before this stock can rally. This is a...