Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.
Xerox Holdings' stock (XRX) rose in the intraday levels, after the important support of 15.70, lending the stock positive momentum, while trading alongside the upward short-term trend line, with positive pressure from the 50-day SMA, coupled with positive signals from the RSI after reaching oversold levels.
Therefore we expect more gains for the stock, targeting the first resistance of 17.18, provided the support of 15.70 holds on.
Expected trend for today: Bullish