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?
