Foren & Soziale Netzwerke zur XEROX Aktie

 

Wave Structure: The chart displays a 5-point structure typical of a Wolfe Wave: Points 1, 2, 3, 4, and 5 align with the criteria for the pattern. The line connecting points 1 and 4 represents the Potential Target Line (PTL), which forecasts the future price target. Point 5 is crucial as it marks a potential reversal area, signaling a buy opportunity in bullish Wolfe Waves. Key Levels: Support: The price near the 5th point aligns with strong support within the trend channel. Resistance: Key resistance zones are observed near $12.99 and $22.50, acting as medium- and long-term targets. Indicators: RSI (shown below the price chart) suggest divergence, where momentum weakens on a downtrend, indicating a potential reversal. The green EMA200 represents dynamic resistance, and a break above it could confirm the bullish reversal. Trade Idea Entry Point: Near the current price of $9.17, where Point 5 of the Wolfe Wave is forming. This area serves as the optimal entry zone for a potential long trade. Profit Target