XERS very strong

    Posted by matt on 10th of May 2019 at 11:58 am

    XERS - Chart Link - daily chart

    XERS - Chart Link - 60 min chart very strong and looked fantastic the last couple days.  No divergence but getting extended.  

    Update: XERS very strong

    Posted by matt on 10th of May 2019 at 12:24 pm

    XERS - Chart Link - I'm sorry for all the posts on XERS but it's nearing it's measured move target, good area to lock something in guys

    Time to take profits? That

    Posted by peterwelsh on 10th of May 2019 at 12:21 pm

    Time to take profits? That pattern can easily lead to a reversal can't it? On the weekly charts the upper BB is at 18ish.

    Peter I sold some, but

    Posted by matt on 10th of May 2019 at 12:29 pm

    Peter I sold some, but you can also watch intra day time frames and watch that.  It's been basing for a long time so it has potential to push higher too maybe fill that gap over time or higher who knows, the gap fill is 13.3.  

    again I did sell some but I'm still in a trailing piece 

    Thanks Matt,  I didn't take

    Posted by peterwelsh on 10th of May 2019 at 02:27 pm

    Thanks Matt,  I didn't take a large position to start so I did sell. I will keep monitoring though as I think we do have further upside longer term. With price being at the 20 week MA, that will serve as some resistance as well.

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