XPE Charts, page-7754

Very interesting day thats for sure..it's becoming evident that XPE doesnt have tightly sealed ship - before every ann we can a surge of buys!

So we came down to fill a gap at 3.8 which we left there in May - to now leave another at 3.5, could of had the perfect chart!  

Daily Chart:

- If 4.5 resistance was broken today we would defiantly be an excited bunch!

- without a ground breaking ann on Monday it seems we still need to find a support line and still break
clean 4.5 and 4.7 before it's home straight!

- as you can see we haven't left much supporting us below 4.2



5 Hour Chart:



1 Hour Chart:



Daily Heikin Chart (showing 3.4 as been the current support)
Overall the below chart tells me we've still got some work to do next week before calling a major turn around/break-out! I'd say the sharks are still going to be swimming around for a little while

- After a painful August MACD has finally turned - good sign with lots of work needed!
- I have no doubt will be still seeing some hustling going on
- Unfortunately not the volumes we where looking for today



Have a great weekend!

w7