XCRA Price Chart – In April 2017 Xcerra Corp. sealed a deal with Chinese company Hubei Xinyan to be acquired at a price of $10.25 per share. On 22 Feb 2018 Xcerra (Nasdaq:XCRA) and Hubei Xinyan Equity Investment Partnership announced that they have
mutually agreed to withdraw their joint voluntary filing to the Committee on Foreign Investment in the United States (CFIUS) in relation to their proposed transaction
and have terminated their merger agreement. This prolonged dealings period has led to a technical condition of extreme volatility compression, which, combined with the brilliant XCRA performance in a buoyant sector, should lead to a runaway price increase when it breaks out of the weekly rising wedge. On the yearly price chart the breakout appears to have already happened and therefore we will buy XCRA at the weekly open to add it to our long term portfolio with an easy and low risk stop loss below the recently weekly low.