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Orbite Technologies Inc EORBF

Metals & Mining Aluminum Industrial Metals & Minerals
Orbite Technologies Inc is a Canada-based mineral-processing and resource development company. The firm is organised into the following segments; Specialty Products, Waste Monetization and Commodity Minerals. It produces alumina, silica, hematite, magnesium oxide, titanium oxide, smelter-grade alumina, rare earth oxides and rare metal oxides. The operation plant is based in Canada.


GREY:EORBF - Post by User

Orbite Technologies Inc
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Comment by unclesam2on Mar 06, 2013 4:13pm
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Post# 21089761

RE: Technicals @ Play..

RE: Technicals @ Play..

- Yes, closed higher than 1.53. Might see a bit of a bounce tomorrow. There is support around 1.50 now but what is needed is strong buying with conviction over the next few sessions. Overall trend is still downwards, so not taking any positions still.

-Fundamentally, no news to warrant a turnaround. Therefore, trading pattern still in play based on technicals alone which is still pointing downwards !!.

- Sorry, but that is how I see it !!.

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