Long
Increased volume at a potential bottom XGTI
Updated
Pretty simple play here, entry anywhere under 1.75, stop at recent lows. Price target 2+ Lots of volume coming in, no breakout yet, but I saw it being pumped which sometimes happens before a press release. Total speculation, but the risk reward is there.
Note
Some volume came in midday, gave it a little momentum but couldn't sustain. We'll see what next week brings.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.