Mauriello

XPRESSPA - XSPA - Technical Analysis

NASDAQ:XSPA   XPRESSPA GROUP INC
NASDAQ:XSPA

There is not a lot to say - it is more gambling rather than a good investment.
The overall market is bearish . (they mainly offer spa services at airports)

The stock went up due to the below NEWS: (No technical signal to support this uptrend) - Stand Aside from this stock -

It has the company signing a contract with JFK International Air Terminal for a modular testing location in Terminal 4. This location will include nine testing rooms and can test up to 500 people per day.

According to XpresSpa Group , the company plans to use the new XpresCheck locations to test people at the airport. That includes “airline employees, contractors and workers, concessionaires and their employees, TSA officers, and U.S. Customs and Border Protection agents.”
XpresSpa Group says it’s also in talks with the Port Authority of New York and New Jersey to open XpresCheck locations in other areas.

Comments

It’s starting to consolidate for a reversal.
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