Orna: Upside breakout

Orna may have a bullish breakout of an irregular flag formation at RM1.36-1.37. As at 4.45pm, Orna was traded at RM1.42- its high in early 2014.

If Orna can stay above the RM1.42 mark, the stock may continue its prior uptrend. Possible target is RM1.70-1.80.


Chart: Orna's weekly chart as at Feb 4, 2015 (Powered by Tradesignum)

Note:
In addition to the disclaimer in the preamble to my blog, I hereby confirm that I do not have any relevant interest in, or any interest in the acquisition or disposal of, Orna.