As I am sure you are all aware, XPR has been performing strongly over the past month. The market had moved higher , trending strongly for a couple of days, testing the $0.30 resistance bands on 18th October with a high of $0.31, followed by a correction down to $0.23 being completed on the 24th of October.
After this we see the clear triangle pattern with highs between +8 / +11%, please note the narrowing range before the brake out point was reached on 23rd of October -10.08%. Thus failing to form a continuation of this trend...or so we thought.
The market rallied soon after with +11.29% and helped push back up towards the moving average. With Swell just around the corner, Wednesday, 6 November - Friday, 8 November. Expect this trend to continue into next week with breakouts testing the $0.35 & $0.40 marks.
Regards
EWH
After this we see the clear triangle pattern with highs between +8 / +11%, please note the narrowing range before the brake out point was reached on 23rd of October -10.08%. Thus failing to form a continuation of this trend...or so we thought.
The market rallied soon after with +11.29% and helped push back up towards the moving average. With Swell just around the corner, Wednesday, 6 November - Friday, 8 November. Expect this trend to continue into next week with breakouts testing the $0.35 & $0.40 marks.
Regards
EWH
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.