$XERS ready to reverse if.....if we hold above 2.30$ we should bounce and test RS at 3.08$- if we hold above 3.08$ we going to see price momentum shift
to 4.90$
XERS
XERSXeris Pharmaceuticals Inc (NASDAQ:XERS) It was mentioned last week as a potential breakout play and it did not disappoint us. The stock finally broke above the key resistance line of this sideways pattern yesterday on a move up 49 cents to $4.81. The volume was what we want to see when a stock breaks resistance. Let the 200-day EMA (purple line) be your guide.
XERSXeris Pharmaceuticals Inc (NASDAQ:XERS) Will it break up this resistance level next week? The stock has been forming a bullish flag trend continuation pattern for the past several days, just under the 200-day EMA with a 4.42 buy point. With good trading volume, the stock could be poised to trade higher to test its next level of resistance around 5.09 Long setup on watch.
Long XERS I getting long Xeris Pharmaceuticals, Inc here.
I have been bullish this stock for a while and like the price action right here.
As always stop losses and limits will be also down to price action.
XersSee a bullish breakout on the chart. Broke out the resistance. Great entry right now for a short swing trade.
XersFailed for a breakout. Still on a downtrend. Next support 3.73 if it bounces off this level it'll be in good shape.
