XES – Oil and Gas equip [3/1 update]

XES

The trend is down with the next target down of 19.56.
The trade pressures have turned up and the volume is bullish.

a close above the 25×5 Moving average should confirm a new move up.
first sell target is 29.78

stops at the recent lows.

[Update 3/1: increase stop to 25.30]

XES 3-1-15

 

[Update 3/12: Trade stopped out at 25.30 for a loss of 69 cents or, a loss of 2.6%]

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