FormerXBC Inc XEBEQ

RE:I might have added

[ZouZS3]

tamaracktop wrote: tremendous support itn the $2.08 area.

tamaracktop wrote: Notice that last Monday's close at $2.48 was a multi-month closing high.

Today is April 9th, and last Monday's close was the highest closes this year.

The highest close in 2022.

Notice also that a perfect 50% retracement would have taken the stock from last Monday's close at $2.48 down to $2.085.

Smack in the middle between $2.08 and $2.09.

Notice that on Thurday Xebec's low was $2.08, and it closed at $2.14.

On Friday, its low was $2.09 and it closed at $2.11.

Many people think technical analysis is hocus-pocus.

I admit I was one of them when I first started in the business.

I couldn't undestand all these supposedly intelligent people all around me studying charts, 
using rulers and Fibonacci numbers.

I've come to believe that there is something more to technicals than I originally thought.

Sometimes technical analysis becomes a self-fulfilling prophecy.

There are far more technicians out there with far more clout than you probably imagine.

I think there is tremendous support itn the $2.08 area.

The stock may well trade below that price, but support isn't broken till the stock closes below it.

I think that after building a base in the low $2's, Xebec will have a very legitimate shot at trading through $3.

I have ongoing "private conversations" with about two dozen posters here.

You can disregard Filoux's comments.

He'd declare the winner of a horse race before the horses had even rounded the first turn.