Xero Corp. I believe that if prices pass the 29.00 level we could potentially see a real short opportunity down to the 25.00 Level. I would also be comfortable with potentially taking profits at the 26.00 Price Zone. TP: 26.00/25.00 Sector: Tech.Office Equipment Volume: 1.8M EPS: 2.27 Market Cap: 7.734B P/E: 13.66 Div Yield: 3.29%
This heavily undervalued stock bounced several times from the longterm trendline on the logarithmic chart, forming a relevant support are that gains relevance by this weeks high volume trading around that area. Buy near 9.50 with a stop below 8.00 and a target of 15 - 16 where an upper trendline should provide strong resistance.