XP had a huge earnings reaction breakout only to reverse hard back down to defined support. I started buying up off support at the 44 level. XP made a nice move back up to resistance and now is sitting just under defined resistance. Sideways action to consolidate a few days would be a beautiful thing to give us a tight risk entry to add to our position on a...
XP Inc - Ordinary Shares - (XP, $50) was one of top quarterly gainers, jumping +99.12% to $50 per share. Tickeron A.I.dvisor analyzed 105 stocks in the Internet Software/Services Industry over the last three months, and discovered that 84 of them (80.25%) charted an Uptrend while 21 of them (19.75%) trended down.
Technical Analysis (Indicators)
Bullish Trend...
Hey people, XP is in a downward movement with buying volume, possibility of a fake break to stay in the top of the range. To see if the buyers will arrive at the top of the new property but make an attempt to break it.
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XP Inc. is a Brazilian company, and the largest brokerage firm in Latin America. Today, it did a Harami/Hammer candlestick pattern at the 21 ema, with a good volume. We also see a chart pattern called Eve & Adam Double Bottom, a bullish one, that could take the prices back to U$ 40.
At the hourly...
Any thoughts?
Also picked up $MELI and $ZS
Added $BAC and $STNE to watchlist.
Don't let fear or greed drive your during these uncertain times. Growth and business structure will prevail all turmoil.
NASDAQ:XP após um forte movimento depois do seu IPO, parece que o ativo está dando um oportunidade de entrada para aqueles que não conseguiram entrar no oferta inicial.
Vou analisar uma entrada nessa faixa de preço de 38 USD com alvos em 43 a 58.
Here is another IPO... for moment it needs more time to buy it... however I take usually some weeks to validate a buy in any ipo always calculating the risk of sell it at any time. For moment its a neutral position but definitely not a buy.
