Posted On: 11/10/2013 11:21:42 PM
Post# of 2561
XRX Daily Chart ~ The Bounce off Support Continues
Link back to Nov 2 for the last XRX chart and thoughts. The entry at the support line of $9.55 proved to be the correct move. The stock did find some resistance at the MA16, 20 and 50 as mentioned. XRX has now rallied back approx 8% since the three day selloff. My guess is that the gap on the chart will be filled soon.
Link back to Nov 2 for the last XRX chart and thoughts. The entry at the support line of $9.55 proved to be the correct move. The stock did find some resistance at the MA16, 20 and 50 as mentioned. XRX has now rallied back approx 8% since the three day selloff. My guess is that the gap on the chart will be filled soon.
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