XEROX CORP. - XRX
Monthly chart shows resistance at the $20 area. Thus far, price has managed to pierce and close below backend resistance.
Weekly chart shows indecisiveness on the last move up from $15.29 low to $17.75 high.
Daily chart shows major resistance at the 89sma and the 200sma. Sellers came out in force on Friday. Look for continued weakness and lower still.
Sunday, October 21, 2007
XRX Analysis for 10.21.2007
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