ORG – Origin Energy Limited
ORG seems to be going sideways more than up of late. It’s ex div and close to breaking a recent uptrend line, may bounce off it. I like the diversified assets, especially it’s eye on clean fuels.
Currently holding but may exit if it looks bad and re-enter later.
Anyone else have any views on why the stock is floundering of late when most energy stocks are going higher? I’ve heard mgmt normally give conservative forecasts but that could just be speculation, maybe a breakout setup would be the safest trade.
