XGRO has been on a SELL signal since week ending May 10 with a close below 20.5.
Look for a BUY around 19.25 in June with a possible bounce back to 20.35 before the next leg down
to 17
Weekly close above 20.35 will mean the Bulls are back.
Buy with Stop at recent low 19.90.
Target would be 21.5
Risk reward (21.5-20.35)/(20.35-19.90)= 2.5
Look for a BUY around 19.25 in June with a possible bounce back to 20.35 before the next leg down
to 17
Weekly close above 20.35 will mean the Bulls are back.
Buy with Stop at recent low 19.90.
Target would be 21.5
Risk reward (21.5-20.35)/(20.35-19.90)= 2.5
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