Tuesday, March 21, 2017

X - the trend is your friend

Xurpas Inc.

X is now on a rebound mode and trending up after recently bottoming out from a Double Bottom pattern supported by a Bullish Divergence pattern on several indicators.

The breakout from 9.00 also suggest a strong momentum making it the new support area.

Trading Plan
- Trade the trend using appropriate stop-loss to manage the risk.


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