workingtraders
Long

Long idea for $XCO

BATS:XCO   EXCO RESOURCES INC
205 1 3
Technical Play Side.

Bullish Harmonic Pattern at a key support zone .
Bullish MACD Divergence
Buyers have come in to support this area.
RSI is showing the stock is oversold.

Also a bullish wedge pattern has formed on stock. Suggesting a upward thrust soon.

The Stock does have an avg 8 dollar target price.
trying some long at 7.02 stop is 6.85
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