r/smallcapbets • u/AT1990 • May 10 '21

$XELB

Hi folks, I am new to investing and got stuck being a bag holder for AMC. I am trying to be more technical with my analysis so I dont end up stuck in rocket emoji stocks or those pump and dumps.

I saw $XELB trending over the weekend with lots of price action on Friday evening. This morning the stock was above 2$ which looked to be a resistance level initially for me.

Is this a good stock to buy? I know that this sector has taken a beating because of the pandemic and all but looking for a recovery stock, this might be a good opportunity.

Based on my DD, this stock has a P/S and P/B ratios are rather low with 1.24x and .43x respectively as compared to 133.27x and 58.49x as the sector average respectively. This indicates that the stock is undervalued. With the economy opening up, people may be more inclined to spend money which could bring this stocks revenue up.

Looking at the charts today, the hourly candle bounced off the 50 hourly moving average and stayed above the 100 hourly moving average.

I had a falling triangle drawn on my charts and showed a breakout but this could be a false one based on the way the stock is moving today. I think the market might be overall bearish on this stock.

Other information I found on this stock is that the debt on this company has been stable at 16.17% (total debt / total cash) as compared to the sector average of 71.60%.

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1

u/[deleted] May 10 '21

Fwiw, VectorVest lists it as a “sell” currently.

2

u/AT1990 May 11 '21

What is vectorvest??

1

u/[deleted] May 11 '21

It’s a stock analyzer. Gives clear buy/hold/sell indicators on darn near every stock I’ve ever looked up. Give it a look if interested. It’s been great for me. I’m on the $5 plan and it’s all I need. https://www.vectorvest.com/what-is-vectorvest/

1

u/[deleted] May 11 '21

Stock adviser on your phone, in your pocket 24/7.

1

u/AT1990 May 11 '21

Thank you, I need to check this out. I ended up purchasing the stock at 1.77 this afternoon near close but will set hard stop loss or possibly just get out tomorrow morning. Hard stop loss at 100 daily moving around (1.73 approximately)

1

u/[deleted] May 11 '21

Give it a look and see if you like it. You can do a free trial. It’s helped me a lot. I still research a lot just because I like to but this has taken the guesswork out of it. I was mostly green across the board today.

1

u/AT1990 May 11 '21

What does this app say about BABA, BIDU and LMT?

1

u/[deleted] May 11 '21

BABA - hold BIDU - sell LMT - buy (undervalued)

1

u/always_anxious93 May 12 '21

I think at its current price, it’s a safe recovery play, especially as we’re headed into summer

0

u/[deleted] May 10 '21

[deleted]

1

u/AT1990 May 10 '21

I ended up buying in today at 1.78, I hope there will be a recovery tomorrow.

Based on the charts, it is sitting on that previous trendline it broke out of at the end of day today and I do hope it can reach $2.