X: Potential buy signal but limited upside

Xurpas, Inc.

Bullish Hammer formed up at the key support area (a bullish trend reversal candlestick pattern).
*Pattern reliability = low (Lit Wick)

- Immediate support at 10.76 (previous resistance prior to breakout now becomes support).
- Bullish pattern developing on MACD.

Trading Plan
- Test buy at current support area.
- Limited upside with short term TP around 12.6~12.88 (higher reliability TP at 11.90~12.00).
- Stop-loss around 10.2 or 10.3 for a risk/reward ratio of at least 1:2.