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Orbital Sciences Corp. Message Board

  • tennesseejed001 tennesseejed001 Jan 21, 2013 1:45 PM Flag

    Orbital 3 year chart

    Anyone seeing the reverse head and shoulders pattern almost complete? Looks like 5 year down trend the last two years developing pattern. Just food for thought. Don't know much about the company but am scanning the message board for future catalyst.

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    • Distance from head to neckline is about 4pts ...soooo if we do complete the right shoulder (above $15) then we have the possibility of a 4pt runup this year. Charting is fun when it works out. I've got a small position on and fingers crossed. But ORB is small enough and unloved enough that any random bad news could spike it again. Underscore: small position.

      Sentiment: Buy