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Orbotech Ltd. Message Board

  • options_express options_express Jul 26, 2011 12:27 AM Flag

    Staircase Chart Pattern

    ORBK's 2.5 yr chart demonstrates a beautiful fibonacci retracement pattern. The pops in the staircase-like pattern correspond to the long-term TSI level of 0 being reached, and we have reached that level in the bigger picture as the current long-term TSI has approached 0, indicating that this earnings report will be the next pop, or "leg-up."

    Mark this post (shouldn't be too hard, as this board is dead anyway).

26.95+0.92(+3.53%)12:50 PMEDT