Still bullish on XRX

$NYSE:XRX

Xerox is still holding inside its descending channel, but is continuing to hover near resistance. Anything above 17.80 is still considered a buy and the present analysis is still in play. However, a break below 17.80 could result in a retesting of support of the channel. Look for a break out of the descending wedge and a retest of resistance, this sleeper will pay off BIG soon if it can stay high.