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Potential Position Forming - Daily Interval - XSPA

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Hello Everyone,

The Stock (XSPA) appears to have been consolidating for more than a seven-month time frame. Indicating strong breakout patterns may be in the process within the upcoming months. The RSI is presenting an oversold threshold, which could imply a potential long (bullish) position for the short term (4hr, 1hr, and so on). The stock has been in the "oversold" category on Friday (3/29).

Not Investment Advice. For Educational and Analytical Purposes Only. (Be Aware and Stick To Your Trading Plan)***

-LionGate
Note
Approaching Support Level 1. (Wait For Confirmation Prior To Entering Market).

-LionGate

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