XPO is looking to print a Potential Cup & Handle Pattern which is Bullish.
Should this pattern play out, I have plotted the potential Upside potentials.
The recent downtrend's due to Tarif Inflationary concerns might see some relief, depending on the FED decision's. However the Markets do not like uncertainty, and hence the sell-off.
Investing, Trading is always Risky. And in the shorter term if you sell too early will result in your loss of Capital. Rather stay away if you are unsure.
However, the best results are obtained when getting in when there is Blood on the Streets, and also timing the lows, which very few get correct.
Should you appreciate my Chart Studies, Smash That Rocket Boost Button. It's Just a Click away.
Regards Graham.
Should this pattern play out, I have plotted the potential Upside potentials.
The recent downtrend's due to Tarif Inflationary concerns might see some relief, depending on the FED decision's. However the Markets do not like uncertainty, and hence the sell-off.
Investing, Trading is always Risky. And in the shorter term if you sell too early will result in your loss of Capital. Rather stay away if you are unsure.
However, the best results are obtained when getting in when there is Blood on the Streets, and also timing the lows, which very few get correct.
Should you appreciate my Chart Studies, Smash That Rocket Boost Button. It's Just a Click away.
Regards Graham.
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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.
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.