Posted On: 01/05/2014 12:16:42 PM
Post# of 2561
XRX Daily Chart ~ Exit from Last Week's 12.08 Looking Good
Just a follow up on a couple of requests, link back to my previous thoughts on the XRX posts. I chose to exit XRX last week due to the lofty levels of the FullSto and MACDs. All but the 12d have already crossed to the negative side. Although XRX has only fallen .09 so far, but one never knows how far a stock will fall when a sell signal is given. Could it be a red waterfall as in late October or a short pullback as in early December? Who knows. But with money parked on the sidelines, one can always watch and wait for a chart to reset. GLTA
Just a follow up on a couple of requests, link back to my previous thoughts on the XRX posts. I chose to exit XRX last week due to the lofty levels of the FullSto and MACDs. All but the 12d have already crossed to the negative side. Although XRX has only fallen .09 so far, but one never knows how far a stock will fall when a sell signal is given. Could it be a red waterfall as in late October or a short pullback as in early December? Who knows. But with money parked on the sidelines, one can always watch and wait for a chart to reset. GLTA
(0)
(0)
