XPO has officially broken the channel down and started a new trend upwards. I'm a buyer near the red support line for the new channel but I suspect price is moving to fill the gap near $64 before a real pullback.
Ive called successful trades on XPO three times now. Every time I have failed to enter. Today we look at my most recent alert on XPO and why I failed to enter the trade.
The day i generated this idea is marked on the chart. I generated the Idea originally using the daily chart. When I decide to enter I generally like to look at the smaller time frame to confirm...
We generated two buy signals in the last week using RSI.
Now we are getting another potential buy setup when we look at the RSI. Notice the horizontal line. This is know as the "uniformity method", a term coined by Eric Muathe. If we break above that RSI line we are good to go. Notice that the MACD is also about to cross zero. This is a strong buy signal from...
MACD only analysis can be very time consuming and requires focus/disipline.
this chart is me practicing. But as you can see i got a little lazy and did not touch prior price action to much.
If you have comments on the dotted trend line please comment below. Never sure about those.
I am keeping an eye on this one.
I want the stock to jump a few hoops first.
I want it in the "X" area, above $46 on a closing basis, It's in a chop zone right now trapped under resistance and I won't buy it where it is. Not sure about you but front running never really worked for me. I end up being the "lunch" usually. Got a bit tired of it so I now let the...
![XPO: XPO long in uptrend [Swing]](https://s3.tradingview.com/u/UDR2ts6a_mid.png "XPO long in uptrend [Swing]")
