TradingView
boardforlife10
Feb 15, 2021 9:27 AM

XL Target $27 by mid-end march Long

Description

1. Rising wedge
2. Consolidation at strong support line
3. Earnings catalyst March 30
4. Clean energy/Biden play

*Price target $27 by mid-end March 2021
Comments
NapoleonStockS
At what point do we stop loss? I have been in this for 2 weeks now and nothing has changed. Feel like we all see the same thing on the charts but the street doesn't. What are we missing?
csrmark
@NapoleonStockS, Street looks at 65EMA to enter retailers trade at 50 MA, there will be very slight difference between 50MA and 65EMA
Investroy
Amazing Risk-Reward ratio! Keep up the good work👏🏻
boardforlife10
@Investroyllc, thank you!
boardforlife10
@NapoleonStockS, I have my stop loss at 18.75 just to be sure. I don't think it'll go lower than 19.05, but it could go slightly into the 18s IMO. It appears to be bouncing off momentum support and also appears to have found support at 19.05.
More