XPD trade ideas
XP Bullish flag chart pattern setting up for a breakout 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 breakout through 50-51 level.
XP a buy at $50XP has been consolidating since 06/16 and is a buy at $50, which is a psycological number and the relative high for the past 2 months.
XP, $50) was a top quarterly gainer, rising +99.12%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 Analysis
The Moving Average Convergence Divergence (MACD) just turned positive. Considering data from situations where XP's MACD histogram became positive, Tickeron AI shows that in 2 of 2 cases, the price rose further within the following month. The odds of a continued Uptrend are 90%.
The Aroon Indicator entered an Uptrend today. Tickeron AI shows that in 25 of 26 similar cases where XP Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 90%.
$XP Bullish Consolidation - Long$XP Bullish Consolidation - Long
Exactly as it seems. $XP is a Brazilian fintech ala Buffett's STNE. Stay long $XP through earnings.
BUY to XPHey people, XP is in a downward movement with buying volume, possibility of a fake break to stay in the top of the range. To see if the buyers will arrive at the top of the new property but make an attempt to break it.
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XP Inc. - The start of a bullish trend?* Remember to support with LIKE and FOLLOW me for more analysis *
XP Inc. is a Brazilian company, and the largest brokerage firm in Latin America. Today, it did a Harami/Hammer candlestick pattern at the 21 ema, with a good volume. We also see a chart pattern called Eve & Adam Double Bottom, a bullish one, that could take the prices back to U$ 40.
At the hourly chart, you may say it is just a pullback of a bearish trend, and the 21 ema could be a resistance, and I agree with you, so we should be careful here.
Let’s see the 1H chart:
But remember, the price respected the downward trendline as a support (pink line) and the previous bottom, also as a support (red line), there’re reasons to be optimistic. The stop loss of this operation is under U$ 21.50.
Tomorrow we will have our confirmation.
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XPAny 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.
XP apresenta um boa oportunidade de entrada depois do seu IPONASDAQ: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.
XP BRAZILIAN HYPED COMPANYHere 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.
