It's likely that Xerox shares will resume the bearish wave following the ongoing pullback
Potential head and shoulders
Long term trend line break
52-week Simple moving average break
Bearish divergence on RSI
I am expecting a retest of the major horizontal support at 12.10. A beak above 14.00 will probably negate this scenario.
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Technician
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Target Reached on this one.. Also a bearish breakout