Krab

Xerox Corp: an upswing could be in the making

NYSE:XRX   XEROX CORP
12 0 0
On the daily and weekly charts, Xerox Corp             . shares are consolidating near the strong USD 12.50 support level . The way the stock is performing implies an extension of the current trend. Weekly charts show no divergence or signs of a reversal to the upside. In this case, it is reasonable to expect the stock to move lower (stop-loss orders could be placed below USD 12.50) and there will be time to play the upside to USD 13.50. The exit of RSI from a triangle could send a buy-in signal. Note, however, that first moves in this situation often turn out to be false.
My forecast participates in the Market Forecaster contest. Follow the link to vote for it and help me win the top prize. Thank you.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out