AcornWealthCorp
Long

XNET - Long as it testing support

NASDAQ:XNET   XUNLEI LTD - AMERICAN DEPOSITARY RECEIPTS
102 0 1

XNET- Long
Trade Logic: Oscillation trade, Bump & Run
XNET             tested this same price (5.27) in 12th Feb & instantly jumped to 6.09 in next 4 days. So we are expecting a similar kind of run. However we are taking very small risk here for a potential big gain.
Entry Price: 5.27
Target Price: 5.73
Stop-Loss: 5.11


You can check our detailed analysis on XNET             in the trading room link here-
Trade Suggestion Date: 20/6/2016
Trading Room - Executive summery link:
Time Span: 6:30”
Trade Open: 21/6/2016
Trade Close: N/A
Profit/Loss: N/A
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