Long

BUY Xerox targeting the 15-16 price area

This heavily undervalued stock bounced several times from the longterm trendline on the logarithmic chart, forming a relevant support are that gains relevance by this weeks high volume trading around that area.

Buy near 9.50 with a stop below 8.00 and a target of 15 - 16 where an upper trendline should provide strong resistance.

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