Sir Amigo Sergio.... Thanks for the many great links you posted. Some great stuff there......
Do you use IQ Charts? Personally, I love it... but like most everything, it's what you get use to.
I would be very tempted to jump on XRX as well. I love those fill the Gap plays... they don't always work out, but more often then not, they can be great money makers.
Using the Low FTD for the top, and the high FTD for the bottom,a Nice Gap from 14.87 to 13.06. Even better Gap if you use the closing prices of 15.31 to 11.37!! Closing today at 10 7/8 creates a large range to cover, to fill the gap, either way you figure the Gap. There is another Gap, that has yet to be filled from back in June, $21 to $25 range. You know what they say......Two Gaps are better then One!!
Chart does look like it might have bottomed out...... Slight money flow increase today also....
Do you know when earnings are expected? Have any idea how bad the earnings carnage might be?
I noticed there has been decent insider buying in the last few months...
I might watch this one to jump in Friday, or more likely, Monday.
Thanks for the tip.
ICN
XRX might need another day or two to factor in the class action suit's effect on the stock. I think anyone with half a brain knew the suit's would be coming quick after humpty dumpty did it's great fall. It's the other half of the brain that might drive the stock a bit lower before recovering. Nice large gap there from |