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Is XERS setting up for a drop? Fell Below 20 Day Moving Average shows up after tumbling 6.99%
XERS closed down 6.99% on Friday, September 19th, with volume running 2.0× above average. The unusually high volume suggests institutional participation in today's move. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 7.45, 7.17 & 6.72, with resistance at 8.17, 8.62 & 8.9.
Current SwingTradeBot Technical Rating of XERS: C
Just a sneak peek — check SwingTradeBot.com for the full story on XERS.
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