XERS recently bounced off its 200 MA and currently has some favorable signals. The MACD is crossing and the RSI is rising but still on the cool side.
Looking at the Volume Indicator (Fixed Range) Sept 1 to Current you can see that the POC line in red (point of control) shows us that most of the trading volume has been at the current level and 70% of XERS trading volume has been in the 3.95- to 5.70 range.
Finally the price closed just under the 23% fibonacci level of 4.68
I think XERS offers a low risk entry at this level for a swing trade. First target $5.14 2nd target $5.50
This is one of my stocks to watch for 2021
Looking at the Volume Indicator (Fixed Range) Sept 1 to Current you can see that the POC line in red (point of control) shows us that most of the trading volume has been at the current level and 70% of XERS trading volume has been in the 3.95- to 5.70 range.
Finally the price closed just under the 23% fibonacci level of 4.68
I think XERS offers a low risk entry at this level for a swing trade. First target $5.14 2nd target $5.50
This is one of my stocks to watch for 2021
