Long
XGTI Long
XGTI has been performing much better throughout 2017 and is showing very positive results before 2nd Q ER.
They have released data indicating they expect to beat expectations roughly a month before the ER is expected to release.
Watching this stock for a few months now, they have been heavily ramping up their customer base and over the last month alone they have taken on multiple multi-million, hundred-thousand+ orders.
The acquisition of Vislink seems to be working to their advantage excellently and hopefully we can see continued improvements throughout the rest of 2017.
Looking for a little more upside before the ER, and then if the ER is truly as outperforming as being hinted, we may see a brand new wave of investors coming in pushing this further.
SL 1.50
TP (Red Lines Leveling 1,2,3.)
They have released data indicating they expect to beat expectations roughly a month before the ER is expected to release.
Watching this stock for a few months now, they have been heavily ramping up their customer base and over the last month alone they have taken on multiple multi-million, hundred-thousand+ orders.
The acquisition of Vislink seems to be working to their advantage excellently and hopefully we can see continued improvements throughout the rest of 2017.
Looking for a little more upside before the ER, and then if the ER is truly as outperforming as being hinted, we may see a brand new wave of investors coming in pushing this further.
SL 1.50
TP (Red Lines Leveling 1,2,3.)
Note
1st TP Reached. $2.5
Note
Has retraced some back down from the first TP, glad I took some profits, now I can use those profits to buy my original shares back plus more for another ride up. Back in @ $2.20
Trade active
Added more @ $2.15, I am confident we can punch through this $2.50 resistance zone either on the day of the ER or the following few weeks after.ER is likely "Priced In" at this level, though it does not seem like a lot. So much down force on this stock still.
I see the light at the end of the tunnel.
Note
Lots of slip with this company still, but it has been in a perma-bear trend basically since IPO. Below 1.5 will probably be a shit show. Don't hold this to the grave.
Note
Got back in a little early it seems. Price slipping to the downside. HmmmmNote
Regret buying this stock, took a small loss on most of my position but left a handful of shares incase it finds some investors anytime soon.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.