XRO (Xero Limited, Inc.) May Be Ready To See Serious Growth Once Again

As you all well know, it's generally our practice to stick to reporting on penny stocks but here and there we choose to select larger growth companies that have seen incredible growth over time. These are not so much to release them as stock picks, so much as it is to analyze larger corporations, to gain an understanding of the factors that came together to aid in moving them up and seeing how our understanding of those movements, can aid in our understanding of the growth of smaller micro-cap corporations. It is for this reason that we've chosen to spotlight XRO, which has been a rapidly growing tech company, over these past few years.

XRO has been hit pretty hard over the course of the past 5 months, after seeing it's greatest heights back in July of this year. Still, it continues to hold incredible gains, when considering that just two years ago, while trading under $10 per share, many analysts doubted the companies ability to see continued growth, even though it was starting to gain greater notoriety as a potential power player. With the sort of retrace that it has seen, we believe that there may very well be some solid movement to come from here, now that things have begun to stabilize within the $16-17 range. With solid developments released within the near future, we think that this could serve to be a serious launching point from which the company may continue to see solid gains, with the same sort of percentage gains that it had become known for on it's power move up above $40 per share, earlier in the year.

As these days progress, we want everyone to keep a close eye on the charting patterns that manage to arise here because we will be using them to relate back to our own penny stock picks, in order to bring greater clarity to what we feel to be small companies with similar potential to run the same way that XRO has managed to do. We will also be keeping in touch with the improvements that this company has been seeing with regard to it's charting indicators moving out of the slight free-fall that they had been seeing and correcting themselves accordingly because we can draw very interesting parallels between these changes and our current picks. Be sure to keep an eye on this one because we are expecting some solid movement from here.

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