nexxtrade

Cup and handle pattern $XPO weekly

Short
NYSE:XPO   XPO Logistics, Inc
Cup and handle pattern $XPO weekly

- Cup and handle pattern forming on the weekly
- Bear flag trigger
Comment: - Perfect set up on the bear flag.
- Add to winner after breaking support.
Comment: 1) Cup's Handle forming nicely accordingly to our thesis
2) MM trend template all negative
3) Price is below VPVR 69.5 level = resistance
4) IBD rating decreases ( high distribution )
5) Weak sector
6) head and shoulder pattern confirmation this Friday with VOLUME !

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