workingtraders

Long idea for $XCO

Long
BATS:XCO   None
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.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.