Xerox moves in the ascending channel

03 June 2022 359
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Since late April, Xerox has been moving in an ascending channel. Now Xerox stock price has reached its upper border, going beyond the upper Bollinger Band. The fast Stochastic line is about to cross the slow one in the overbought zone. These factors are signaling a potential Xerox stock price decline towards the lower limit of the channel.

This content is for informational purposes only and is not intended to be investing advice.

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