Xero (XRO) 4 year break out above all time highs.
Looks like a great bullish breakout here to me, but I wish the volume was a bit higher.
Distance between 2014 high ($42) and lowest low since then ($12) is $30 which gives a long term goal price of $42+$30 = $72 target which would likely take years to hit. In percentage terms this is 60% upside
A stop at $37.49 gives a risk of $7.63 or 17%
Anyone else have similar or opposing views?
Distance between 2014 high ($42) and lowest low since then ($12) is $30 which gives a long term goal price of $42+$30 = $72 target which would likely take years to hit. In percentage terms this is 60% upside
A stop at $37.49 gives a risk of $7.63 or 17%
Anyone else have similar or opposing views?
Note
Good test of support today. Opened at 43.02 Will be interesting to see if $42 holds.Note
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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.