TRADE CLOSED ASX stock CXO

FINAL EXIT ASX stock CXO

Time Frame : Daily Chart

Final Exit at 0.235

CXO was hit today as price broke down to trigger the stop loss level at 0.235 so the alert is now close. It seems that our timing and levels were perfect….if we shorted it instead. We would expect CXO to now start to put some longer term pressure on buyers and may expect some negative news as there was a lot of volume hitting the bid that triggered the selloff.

Stock : ASX Stock CXO

Entry Date : 28/04/21

Entry Price : 0.285

Final Exit : 0.235

Status : CLOSED