Long
Xerox: good to have in the portfolio?

Price is breaking
the contraction zone
+
and emas are about
to make a golden cross
=
Very nice opportunity
Economical data tend to approve this analysis, Xerox is a very old company and remain stable. It's possible to see it rise very fast in the next years.
Optimum entry is now because we are breaking the contraction zone, just waiting for confirmation (close above offer zone in monthly)
the contraction zone
+
and emas are about
to make a golden cross
=
Very nice opportunity
Economical data tend to approve this analysis, Xerox is a very old company and remain stable. It's possible to see it rise very fast in the next years.
Optimum entry is now because we are breaking the contraction zone, just waiting for confirmation (close above offer zone in monthly)
Note
again risk reward ratio of 14 is an example , I can't predict the next top.Risk reward can be much more like x20, 30, 50, or 100
Note
and financial data of this company are not ugly :) they even seen goodDisclaimer
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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.