Tuesday, August 13, 2013

Exone (XONE) Cloud Analysis Before Earnings, 8/13/13

Ichimoku Cloud Trend Score: 9 / 10
The cloud signals are bullish for ExOne heading into earnings with a positive tenkan sen/kijun sen crossover occurring on Monday.  Price, tenkan sen, kijun sen, & chikou are all above the cloud and the developing kumo future is bullish & upward-pointing. There is also above average volume coming in as traders have been buying up the stock before the earnings report. 
The key resistance level will be the all-time high of  $75.37. If prices sell off, cloud support is at $62.25.

Tenkan sen: $65.94
Kijun sen: $65.39
Cloud high: $62.25
Cloud low: $55.31

*For FREE lessons on the Ichimoku Cloud and how it works, check out my other blog-

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