[leguy]

I'm new to trading and just finished Stan's book and am interested to know your thoughts on XPER as a continuation buy?

Hi leguy,

I don't want to influence you adversely, as am not qualified to do so. But a few things that I can see are that in the short term it looks to be forming a rising wedge pattern. The continuation breakout was from a small cup and handle pattern on good relative volume on the day, but did not follow through on day after, although the Friday candle was on low volume. On the weekly, it is extended and the continuation volume was below average volume.

Other things to note are how the sector and market indexes are trading, as they have big effect on the price action.

I've attached the weekly, daily and 2 hour charts so you can compare it to other examples on here.

Thanks for your insights, appreciate it!