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Dc1392
Mar 19, 2021 4:27 AM

XNET Move up is near.  Long

Xunlei LimitedNASDAQ

Description

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.
Comments
peacefulBook46489
Down over 8% today. What is your play on this? Load up?
Dc1392
@peacefulBook46489, loading up
abhi68
Still loading up?
Dc1392
@abhi68, Yes sir
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