XYO made a big move out of the consolidation pattern on 12/9 after it broke above the key AVWAP from the initial move and the 5 Day MA. Blasted right through the AVWAP from the previous high then lost steam at .039. After it came back down and retested the AVWAP like it should it made a bullish move back up towards the 12/3 AVWAP. It now looks ready to try and work it's way back up to test the .0445 level. I like this as a swing long from here. If it moves up fast I would shave some off at the previous high.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.