Xpel
XPEL ... Bullish divergence and pocket pivots on hourly chartI have been watching XPEL since a week ... it was listed as sector leader on investors.com
I see bullish divergence on hourly chart ( see the notes on above chart )
pocket pivot found ( large voulme registered today / 26th Jan 2021 )
Once it breaks the resistance level at 54.98 ( see the red line on the chart ) , it will go up further
Let me know what you think about this
XPEL Long PlayLooks like its trending up I'm going to step in slowly on this one and have a wider stop,
Price entry was 15.75 taking a 1% loss at 14.25, my plan is to add shares and move my stop if it breaks out past 16.5 I'll add and move my stop loss closer to the resistance which will be at $16.
Currently holding a small position but looks like it could continue. Its low float so it might work out well. Good earnings pushed it higher.
If it holds the trend line I'm staying in the trade I'll continue adding while taking profits.
XPEL Technologies GrowthXPEL has been growing at a steady 70% year over year quarterly results for quite some time. I was made aware of it at $1.65 and began acquiring. The company specializes in automotive paint protection films, and has pretty much taken away the market from 3M. The company is following a similar growth pattern to RX.V (Biosyent). I believe a current cup and handle formation has taken place, and the stock looks ready to move on year end results on Mar 31, 2015.