Bullish potential detected for XRO

Aug 9

Entry conditions:
(i) retracement back to potential support area of $74.88 (support level of 27th May) for XRO, and
(ii) observation of market reaction at this potential support area noted above.

Depending on risk tolerance, the stop loss for the trade would be:
(i) below the rising 15 day EMA (currently $71.79), or
(ii) below the rising quarterly VWAP (i.e.: $70.30), or
(iii) below the recent swing low of 3rd August (i.e.: below $69.04).

Aug 16

Order cancelled

UPDATE (week ending 14-Aug): Share price continued extending past specified entry conditions (not interested in chasing the stock) - let's look for another trade instead and wish it all of the best.