Xerox spikes - Analysis - 15-08-2022
Economies.com
2022-08-15 11:54AM UTC
Xerox Holdings' stock (XRX) surged 3.80% in the last session, or 70 cents, and settled at 19.14, while buoyed by piercing the downward trend line recently, with positive support from the 50-day SMA, countered by negative signals from the RSI after reaching overbought levels.
Therefore we expect more gains for the stock, targeting the resistance of 20.70, provided the support of 17.60 holds on.
Expected trend for today: Bullish
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