Dc1392

XNET Move up is near.

Long
NASDAQ:XNET   Xunlei Limited
Daily chart on XNET looks good while the market tanked a bit today March 18, 2021.MACD is widening green while RSI seems steady right under the overbought territory. Look at how the price went down to the 50 sma line right before it consistently went up to where its at right now. 10 dollars seems to be the resistance and it will be interesting to see if it breaks it tomorrow or next week. Im putting a 15 dollar price target for the short term. For the long term im putting a 25 dollar price target.
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