XRX (Xerox Corp.) offers an objective short entry on this extremely overbought rallying into intersecting downtrend line + price resistance & will be added as an Active Short Trade around current levels. Recent volume patterns are indicative of a potential buying climax as well.
XRX daily Jan 30th
The price targets for this trade are T1 at 25.67 & T2 at 24.67 with a maximum suggested stop (if targeting T2) of 28.36. The suggested beta-adjusted position size for this trade is 1.0.