Local tech powerhouse XRO rallied almost 4% yesterday as the on-line accounting business continues with its holding pattern of 2021. For the budding chartists out there this stock is forming a classic flag structure which usually is the precursor for trend continuation, which in this case is up. Our view that XRO will eventually rally through $160 ties in with our bullish equities view into 2022.
MM remains long and bullish XRO
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