Allkem ORL.TO (TSX) +3.63% to C$8.28 on 03 Feb 2026: Oversold bounce chance

ORL.TO stock rose 3.63% to C$8.28 at market close on 03 Feb 2026, marking a short-term rebound after a prolonged sell-off. The move follows a low-volume session with 19,462.00 shares traded and leaves the name under its 50-day average of C$8.43. Traders watching an oversold bounce will focus on the near-term resistance at C$9.30 and the support band near C$3.89 for risk management.