Orion Health Group Ltd Sets All-Time Low; Strong Momentum for Sellers

 Orion Health Group Ltd Sets All Time Low; Strong Momentum for Sellers

The stock of Orion Health Group Ltd (ASX:OHE) reached all time low today, Nov, 28 and still has $1.92 target or 5.00% below today’s $2.02 share price. This indicates more downside for the $ company. This technical setup was reported by Barchart.com. If the $1.92 PT is reached, the company will be worth $ less.
Trading stocks at an all time low is not easy. Stock at an all time low usually experience even more downside due to very negative fundament. Even thought the pullback rate is high, shorting is not an easy job because the risk of being wrong is big and the risk-reward ratio is always worse than if trading lon only. The stock decreased 19.20% or $0.48 on November 28, hitting $2.02. About 86,786 shares traded hands or 4323.34% up from the average. Orion Health Group Ltd (ASX:OHE) has declined 46.13% since May 2, 2016 and is downtrending. It has underperformed by 52.15% the S&P500.

More recent Orion Health Group Ltd (ASX:OHE) news were published by: Fool.com.Au which released: “Here’s why investors got burned by Orion Health Group Ltd” on February 01, 2015. Also Fool.com.Au published the news titled: “Why the Orion Health Group Ltd share price jumped 30% in April” on April 12, 2016. Fool.com.Au‘s news article titled: “Is Orion Health Group Ltd a blockbuster stock?” with publication date: November 25, 2015 was also an interesting one.

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