Posted On: 03/09/2014 8:13:05 PM
Post# of 2561
XRX Daily Chart ~ A 8.9% Move from the Bottom of Early Feb
Link back to the post I'm answering, Feb 9, for my thoughts about the 10.25 level as a possible bottom. Another successful swing trade underway for a few of us using the more conservative funds. XRX is riding its rising support line and at 11.20 will have filled the first of three downside gaps established when the fund manager sheeple sold the stock off for us yet again. The same setup occurred in late October when they blinked and pooped their pants rushing for the exits. Staying patient and waiting for the FullSto and MACDs reset, the recent decline offered us an enter and up almost 9% over the last few weeks. For now, XRX is attempting to break over the MA100 (green squiggly) and then test the MA50 (blue). A decisive move over the MA50 could bring into play a retest of the 12.00s......... Big Boards........ Boring But Banking (BBB). GLTA
Link back to the post I'm answering, Feb 9, for my thoughts about the 10.25 level as a possible bottom. Another successful swing trade underway for a few of us using the more conservative funds. XRX is riding its rising support line and at 11.20 will have filled the first of three downside gaps established when the fund manager sheeple sold the stock off for us yet again. The same setup occurred in late October when they blinked and pooped their pants rushing for the exits. Staying patient and waiting for the FullSto and MACDs reset, the recent decline offered us an enter and up almost 9% over the last few weeks. For now, XRX is attempting to break over the MA100 (green squiggly) and then test the MA50 (blue). A decisive move over the MA50 could bring into play a retest of the 12.00s......... Big Boards........ Boring But Banking (BBB). GLTA
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