Fundamentals:
- Xerox on March 2024 offered $50 million of 3.75% in Convertible Senior Notes due in 2030.
- I guess Xerox is getting into 3D printing and they are trying to "RE-INVENT" themselves. They have a heavy amount of cashflow. However, SMCI (Super Micro Computer) is a competitor and SMCI is booming as a leader in its industry.
- Xerox currently pays a...
Xerox Holdings Corp (NASDAQ: NASDAQ:XRX ) recently faced a challenging fourth quarter in 2023, marked by a 9.1% year-on-year decline in sales to $1.77 billion, falling short of the consensus estimate of $1.79 billion. The disappointing performance led to a drop in the company's stock as investors digested the numbers. Despite the hurdles, CEO Steve Bandrowczak...
NASDAQ:XRX stock is facing a strong resistance at $18.36, which is the 52-week high and the upper boundary of a descending triangle pattern.
NASDAQ:XRX stock is below its 50-day and 200-day moving averages of $18.36 and $18.45, respectively. The moving averages are also sloping downward, indicating a negative momentum.
NASDAQ:XRX has a low trading volume,...
Buy Oct-20-23 16 Puts @ 0.7 Limit to Open
Buy Oct-20-23 16 Calls @ 0.5 Limit to Open
Xerox at an important zone, aligned with Nasdaq for a move. Direction? Uncertain, hence a straddle.
Hi treders,
let´s have a look at XRX analysis.
It´s time to enter the long position and wait for the price to achieve the target.
Our estimated target is 15.88$.
Entry and stop loss are showed on the chart.
XRX (Not entirely even sure what they even do anymore) hit a multi-year support level that's been strong since '82.
Dead stock or will it bounce back? Time will tell
Forming a nice cup and handle against the down trending XRX. Potential Reversal and a good entry area. C&H's generally a continuation pattern but they work on reversals as well.
There's a possible buying opportunity on XRX if the stock drops to around 20.50. Im looking to buy the April 2022 call around a range of .30 - .60 cents with a target of around 6 dollars with the expectation of lots of whipsaw activity around 3 dollars. any ideas or suggestions? many thanks
