James Taulman
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ORBK – SAT 4/5: PORTFOLIO UPDATE


Breaks out again on Monday and closed up +3.5% with a +68% increase in volume.

This high-ranked leader triggered our technical buy signal on 2/27 at $14.36. We now sit with gains of +7% without ever experiencing a technical violation.

As noted in a recent Sunday Stock Report – “This stock is in sound technical condition with two days this week of volume-back gains. This comes on the heels of shares successfully testing support squarely at the 50 day moving average (3/17). This leader looks poised to move higher with no resistance nor overhead supply in the way of further possible gains.”

On Thursday we raised our 1st SUPPORT LEVEL to the previous highs at $14.93. A break below there would be a concern. The next level of support below there is offered by the 50 day moving average. A considerable close below there (currently $14.17) would a serious concern.


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