XNET about to explodeAs you can see the recent price behaviour the stock is about to record 400%Longby Elite_ForexUpdated 775
Xunlei Limited to print 300% extension?This is a short term forecast between now and the year end. On the above 2 week chart price action has corrected 80% from resistance to test support on past resistance. Reasons to be bullish: 1) The next resistance confirms support (red circles). 2) RSI resistance breakout and support confirmation. 3) No share splits. 4) Off-Exchange Short Volume Ratio 29.83% ;-) Is it possible price action continues to correct? Sure. Is it probable? No Ww Type: trade Risk: small market cap. Low exposure. Timeframe for long: 3 days Return: 300%Longby without_worriesUpdated 363615
See if XNET can move up. Daily chart on XNET looks okay as the only thing is see bullish right now is the MACD about to close red and turn green. RSI is steady starting to head up while in the candlesticks you can see how we are using the 100 sma line as support at the moment. Lets see if we can see some volume to push the price up and hopefully break that line of resistance. Longby Dc13923
Past trend pattern weekly stoneJust my cursory thoughts on likely price action based on previous performance. by trpratt01222
XNET Move up is near. Daily chart on XNET looks good while the market tanked a bit today March 18, 2021.MACD is widening green while RSI seems steady right under the overbought territory. Look at how the price went down to the 50 sma line right before it consistently went up to where its at right now. 10 dollars seems to be the resistance and it will be interesting to see if it breaks it tomorrow or next week. Im putting a 15 dollar price target for the short term. For the long term im putting a 25 dollar price target. Longby Dc1392442
XNET - DEEP F*KING VALUE - EXPLOSIVE UPSIDE POTENTIALXNET is a well kept secret in today's crypto boom, but that wont last long. You heard it here first :)Longby MisterAntiVirus776
XNET at bargain prices with Bitcoin testing all time highsXNET has not grown at the same speed as RIOT and MARA today, possibly due to it's obscurity in the minds of investors, but make no mistake the upside potential here is huge if you get on this train early. I expect to see a return to all time highs at $10, so this opportunity is actually greater than with the higher priced mining stocks. I have gone in for a large number of shares today, and can recommend the same to you all.Longby MisterAntiVirus1
Bouncing off the 50 sma line. This one is one im very excited about. Earnings in 6 days at the time of writing this and with futures green and stimulus package waiting for Bidens signature i see this running up like everything else. MACD is closing red and we seem to be recovering from recent selloffs. Earnings will play a factor whether we see this run up leading up to earnings, or if they report good earnings. Either way i am bullish. Longby Dc1392442
XNET starting an uptrend?Today were finally seeing green and hopefully this can be the start of green days. XNET chart looks good as the RSI is heading up while the MACD looks to want to close red and go to green. If the market can start having more green days i definitely see this running up to previous highs, and even reach new highs. Bounce off the 50 sma line. Longby Dc13920
XNET ReversalXNET might gain about 7 percent or less but after that, we should see a reversal. Should hit 5.78 by the end of March and be at a good buy in point! Short-term Timeframe: 3-5 weeks Short gain: 20% Price Target 1: $5.80 This is just my view and information for me to track. Do what you will with the information! Shortby GOATGAWDSENSEIUpdated 441
XNET: Bullish PennantBullish Pennant Pros: Descending volume during formation Golden cross in blue PPS above 50MA and 200MA RS above 0, and ascending ATR Ascending R/R ratio above 7 250RSI above 50 Cons: 200MA flat Target: PT = 14.95$ Thank you to those who donate Coins! Stay Humble, have fun, make money! Longby LeLaf4
Will wait for the Golden Cross.XNET looks like it is consolidating right now. Notice how it is trading sideways, and the 50 sma line is heading upwards towards the 200 sma line. Which is considered the golden cross when the 50 sma line crosses up the 200 sma line. Shout out to Royce Jacob for bringing this company into my attention. Longby Dc1392447
Bitcoin Sets Its Sights beyond $40,000, Boosting XNET stockBitcoin Sets Its Sights beyond $40,000, Boosting XNET stock higher As has often been the case for much of the past couple of months, when bitcoin rises, a handful of stocks also perform well, including XNET stock. On Wednesday evening, the combined capitalization of the entire cryptocurrency market surpassed $1 trillion for the first time, according to CoinDesk. Cryptocurrency stocks continue to see outsize trading volume, leading to high volatility, as bitcoin and other alt-coins keep pushing to new highs. Investors should keep in mind that many cryptocurrency stocks are penny stocks and incredibly easy for traders to manipulate. Xunlei is surging by a ludicrous amount today and there's no fundamental reason to explain the move. But the stock's trading volume is almost 44 million, according to Yahoo! Finance, rivaling that of some of the largest publicly traded companies. Xunlei's move today is reminiscent of the surge Bit Digital had during the past week. The stock more than doubled in just a couple of days but is losing steam now that the pump is over. Herein lies the problem with stocks surging on trading volume that's out of sync with business fundamentals: There's no way to tell when the music is going to end. That's true of Xunlei and Bit Digital stocks, but also others like Marathon, Riot Blockchain, and Canaan. These three now have market caps over $1 billion each, trading with price-to-sales ratios in the hundreds. Longby AlenCiken1
BTCUSD playif bitcoin continues most undervalued in 2018 went to 21 during big btc run 1.90 cheap speculation playLongby SwingBatter120
XNET Wedge/EMA ConvergenceXNET has broken above the downtrend line from Nov '19 while consolidating in a wedge. What I like most here is the 5 EMA which has found support twice on the 50 EMA and rising 20 EMA. The top of the wedge coincides with a flattening 200 EMA. Considering price has tested the top of the wedge/200 EMA 3 times and failed, I anticipate, given the behavior of the 5 EMA, and a 20 EMA converging and looking to cross the 50 EMA, that XNET will break through overhead resistance. Also I would call your attention to several occasions prior to June while consolidating in the wedge, the 50 EMA rejected the 5 EMA and any price moves above the 50 EMA ultimately failed to hold, now contrasting those instances with the current price action, I anticipate the stock is ready to move higher Trade plan: I like waiting for the top of the wedge to be broken through, considering the area acted as resistance 3 times, any breakout and pullback to the wedge top/200 EMA should be well supported and I would look to enter a trade there. Longby ETrades16
Xunlei Ltd. on watch-list for breakoutXunlei Ltd. is a holding company, which engages in the research and development of new technologies. It provides Internet platform for digital media content and cloud based technology in China. It offers two core products and services include Xunlei Accelerator and Cloud Acceleration Subscription Services. The company was founded by Sheng Long Zou and Hao Cheng in February 2005 and is headquartered in Shenzhen, ChinaLongby DEXWireNews13
XNET - Bullish Momentum. Still Got Legs To GrowXunlei Ltd. is a holding company, which engages in the research and development of new technologies. It provides Internet platform for digital media content and cloud based technology in China. It offers two core products and services include Xunlei Accelerator and Cloud Acceleration Subscription Services. The company was founded by Sheng Long Zou and Hao Cheng in February 2005 and is headquartered in Shenzhen, China. SHORT INTEREST 1.21M 07/31/19 P/E Current -4.18 P/E Ratio (with extraordinary items) -2.91 Longby DEXWireNews7