XRO has great price structure to engineer a new leg higher

Potential Buy Entry Alert

 

XRO – Xero Limited

Stock : XRO – Xero Limited

Current Price : 24.50

Status : On watch for higher low

XRO is currently contracting off the highs at 25.60 holding lower highs and also higher lows. We are now on watch for price to push up out of contraction and then build a higher low for the buy entry setup. The weekly structure is solid and may be engineering a move to 30.00 and above.