Dc1392

Time to sell?

Lång
NYSE:XL   None
Looking at the daily chart on XL and we are seeing the opposite of a golden cross occur. The 50 sma line is going below the 200 sma line which indicates a downtrend. Will consider selling for a loss, but i do like this company for the long run. At the time of opening a position i was very convinced that this company was going in the right direction. Market conditions are the reason why i feel this stock has gone down. Will not be surprised to see this go back up, but we can still see more red before that happens.
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