Long
ORION - Good prospects, slow moving
ORION has been sleeping for quite some time. ORION is actively involve in FINTECH through their AI based credit rating. In 2019 they already had an MOU with SME bank with plans to expand to Indonesia market.
They already have a 15 year contract with Angkasa that should provide good recurring income and recently there was a supplemental agreement.
Though alll the background seems nice, but when shall this penny stock start moving up? Hopefully soon.
ORION had a sudden gap up with volume on 27 Nov 20, but since then retraced to RM0.075, just below their recent PP price RM0.078.
Immdiate resistance is RM0.085/0.095 with medium target RM0.125.
They already have a 15 year contract with Angkasa that should provide good recurring income and recently there was a supplemental agreement.
Though alll the background seems nice, but when shall this penny stock start moving up? Hopefully soon.
ORION had a sudden gap up with volume on 27 Nov 20, but since then retraced to RM0.075, just below their recent PP price RM0.078.
Immdiate resistance is RM0.085/0.095 with medium target RM0.125.
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