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$XIMR | ($XIMR) Investment Analysis and Advice (XIMR)

By Thomas Kee

$XIMR | ($XIMR) Investment Analysis and Advice (XIMR)

The technical summary data tells us to buy XIMR near 30.58 with an upside target of 30.95. This data also tells us to set a stop loss @ 30.49 to protect against excessive loss in case the stock begins to move against the trade. 30.58 is the first level of support below 30.6182 , and by rule, any test of support is a buy signal. In this case, support 30.58 is being tested, a buy signal would exist.

The technical summary data is suggesting a short of XIMR as it gets near 30.95 with a downside target of 30.58. We should have a stop loss in place at 31.04though. 30.95 is the first level of resistance above 30.6182, and by rule, any test of resistance is a short signal. In this case, if resistance 30.95 is being tested, a short signal would exist.

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