XRO has reacted off resistance but its all part of a strong move higher

XRO – Xero Limited

Stock : XRO – Xero Limited

Current Price : 23.75

Status : On watch for higher low

XEO has kicked on from our previous alert and reacted off a major resistance level at 25.60. We are now watching for a minor lover higher for a pullback where the focus will then be on a major higher low. Once this plays out then its all about the buy entry setup for a major push higher.