XP - 7 months HEAD & SHOULDERS══════════════════════════════ Since 2014, my markets approach is to spot trading opportunities based solely on the development of CLASSICAL CHART PATTERNS 🤝Let’s learn and grow together 🤝 ══════════════════════════════ Hello Traders ✌ After a careful consideration I came to the conclusion that: - it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment; - since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant; - the information that I think is important is very simple and can easily be understood just by looking at charts; For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart. Thank you all for your support 🔎🔎🔎 ALWAYS REMEMBER "A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist" ═════════════════════════════ ⚠ DISCLAIMER ⚠ The content is The Art Of Charting's personal opinion and it is posted purely for educational purpose and therefore it must not be taken as a direct or indirect investing recommendations or advices. Any action taken upon these information is at your own risk.Longby TheArtOfCharting225
XP Inc. (X) - Inverse Head and Shoulder - Potential long tradeSince May 2022, a potential inverse head and shoulders pattern has been forming. It has not been confirmed yet, as the right shoulder is still missing and undergoing completion. Once it forms and the breakout of the neckline is confirmed, we will have our entry signal. I have also applied the Elliott Wave Theory for analysis, confirming the potential pattern for a new impulse of wave 1 after completing an ABC correction wave. From this perspective, two scenarios are plausible: -Wave 1 < wave 1 is complete, so we should await the subsequent correction of wave 2, which may appear as a lateral movement until the breakout of the neckline. -Wave 2 has already formed, and we should await the new impulse of wave 1 < wave 3 < wave 1. Regardless of these scenarios, the signal is the breakout of the neckline, with the target price set at $53 and the stop-loss at the halfway point between the low of the head and the neckline, at $18.60. If the target is reached or nearly reached, then the position should be managed with a trailing take profit and stop loss.Longby MDP_LV0
XP: $105 Million Dark Pool Block Trade Bets on BrazilIt's no secret that Brazil has been a great place to invest this year, with AMEX:EWZ up over 20% year-to-date. With that in mind, we note a massive dark pool block trade in NASDAQ:XP today, worth $108 million. Is this a trader taking profits, or doubling down on more growth this year 🤔by BlockLevels1
$XP breakout + support retest- Recent breakout from a longterm base and overhead resistance. - Orderly pullback to support/ recent resistance. - Long if support re-established at $24.80- $24.90 level Longby DPharmaTrader1
XP, 10d+/-13.58%falling cycle -13.58% more than 10 days. ================================================================================================================================================================== This data is analyzed by robots. Analyze historical trends based on The Adam Theory of Markets (20 moving averages/60 moving averages/120 moving averages/240 moving averages) and estimate the trend in the next 10 days. The white line is the robot's expected price, and the upper and lower horizontal line stop loss and stop profit prices have no financial basis. The results are for reference only. Shortby Tonyder0
XP: Descening Triangle breakoutXP Price currently under descending triangle pattern. can breakout. first resistance level market for price targetsLongby unkitawat0
XP. Brazilian brokerage leader.XP Inc. is a Brazilian brokerage and dealer company. It is one of the seven largest companies in the country with a capitalization of $16.8B. It is the leading low-cost financial services company in Brazil. XP Inc. gives clients access to a wide range of financial products, including fixed income securities, mutual funds and hedge funds, pension plans and life insurance, generates a large amount of media content and develops technology solutions to support its cloud and mobile applications. The Brazilian financial market is not very developed, most of it is made up of conservative banks with inefficient financial instruments. In such circumstances, the activities of XP Inc. can be called revolutionary on a national scale. At first glance, XP Inc. is at the peak of the current investment promotion trend. ➡️ The entire movement since March 2020 visually looks like an impulse and a correction to it. The structure of the initial growth is ambiguous, and the corrective movement in wave 2 (or B) is technically decomposed into a plane. In December 2021, the decline in wave {c} reached the level of $27.5 , stopping at it with a slight flat. At the start of 2022, we saw a false breakout of this level and a return to the top with the update of the last peak (iv)of{c} and the potential for the end of the downtrend. It is worth noting that in the area of the indicated level of $27.5 there are: 1️⃣ Corrective Fibo level 0.5 of wave 1. 2️⃣ Projection Fibo level 1.618 for wave {c}of2. 3️⃣ Strong volume zone $22-28 within the ascending wave 1. 4️⃣ The lower border of the descending pitchfork. 📌 Growth in January is like a expanding diagonal. I see a good opportunity to buy on a rollback to the area of $27-$29 . 📈 If this movement is an ABC zigzag, as a minimum target for further growth, I note the maximum level of the stock at $52 - $53 , which the price has already touched three times over the past years. If this is a start of a new impulse and we have leading waves 1-2 in front of us, then the adequate growth potential in wave 3 is at $90 , but it may turn out to be noticeably higher - the following projection levels: $120 , $142 and $190 . ➖ In theory, wave {c} may become more complicated or my initial counting may not be confirmed, then the fall will continue. Cancellation of the current scenario when the price goes below $25.5 . Longby Dmitrii_Kachalov11114
XP - Potential Triple Bottom Reversal XP just hit the 35 support level for the 3rd time, though on high volume, likely due to earnings season and impending expiry of options coming due on Friday (15Oct). RSI shows oversold. At these levels, the stock typically rebounds, going by historical. Potential triple bottom formation, building within channel 35 - 52. Watch for rebound and eventual testing of 52 to affirm reversal confirmation. Longby paulwongsh0
Buy $XP - NRPicks 16 JulXP Inc. offers financial products and services in Brazil. It offers securities brokerage, private pension plans, commercial and investment banking products, such as lending operations and transactions in the foreign exchange and deposit markets; product structuring and capital markets for corporate clients. Revenue TTM 1.6B Net Income 428M EBITDA TTM 515M Net Margin 25% EBITDA Margin 32% Longby NewroadTraderUpdated 0
$XP: Brazilian BonanzaToday we saw $XP take firm control over the 50 handle and we'd like to see if it can still keep going. Emerging markets still trying to push after the bottom in Chinese tech stocks. We're hoping to see 60 in the near future. Good luck traders!Longby Fox_Technicals0
Equity Stock Pick (6-9 Month View): XP Inc - Brazilian FintechSomething different from the usual short term trade ideas. Last Close: $47.41 (Nasdaq) Xp Inc is a Brazil-based company engaged in the financial services industry. XP is expensive but is growing fast. For the last quarter, assets under custody was higher by 14% QoQ but improved by 88% compared to the prior year while active clients grew by 33% over the 12 month period. Institutional gross revenues grew by 13% YoY while retail gross revenues jumped by 66% over the 12 months. As per the press release: "Total AUC reached R$817 billion at June 30, up 88% year-over-year and 14% quarter-over-quarter. Year-over-year growth was driven by R$298 billion of net inflows and R$83 billion of market appreciation. Our growth reinforces the strength and resiliency of our business model, distribution capabilities, product offerings, innovation and culture." While the share is expensive on a fundamental valuation basis, the technical chart structure has caught my attention. Since June 2020, the price has traded in a sideways range, suggesting institutional accumulation throughout the period. Since it is a new 'issue', with the IPO as recent as Dec-2019, the break of the IPO range will be significant from a momentum point of view. The buy/long condition is that traders want to monitor the $51.00-52.00 range of which a close above as well as strong price action below this range would be a signal that traders need to initiate a position, while adding above the level, on strength. Stop: $43.60. Target: Open. Since coming to market, earnings have exceeded consensus expectations, a trend that looks set to continue. Xp Inc is a Brazil-based company engaged in the financial services industry. The Company offers financial products and services through multiple channels, such as brokerage, investment advisory and asset management services. Its business activities include educating new classes of investors, democratizing access to a multiple financial service, developing financial products and technology applications, and providing customer service. The Company operates Open Product Platform, a financial product platform, which provides clients with access to over 600 investment products, including equity and fixed income securities, mutual and hedge funds, structured products, life insurance, pension plans, real-estate investment funds (REITs), among others. The Company serves retail clients, international clients and corporate and institutional clients in Brazil, such us fund managers, private banks, corporate treasuries and insurance companies. Remember, let the price action confirm your entry. Longby LD_Perspectives1
XPMID-TERM: Inverse head and shoulders, with the right shoulder at the 200 day MA, trying to breakout here. (Not financial advice) also have done well on past 4 earningsLongby Champion-VibeUpdated 223
XP - solid uptrendXP should resume higher to at least challenge its all time highs around 52Longby simplenothing2
$XP Trend-Line BreakoutSimple idea — $XP clear trendline resistance. Break up should reach first target of $44.50Longby UnknownUnicorn7308096Updated 113
XP a ponto de uma entradaCom base no tradesystem do Stormer, XP pode gerar uma trap de compra, se romper o candle anterior que tentou romber um suporte, seria uma boa entrada.Longby pevide2
XP IncStrong growth, fundamentals point to a continuing trend (at least in the midterm). Stock price is moving away from fundamentals. Stock just touched a support level - entry now with a stop loss around 35.Longby HR_D111
XP - Bullish momentum + Strong FundamentalsXP hoping for 55-60 by earnings. Then resume higher afterwards.Longby simplenothing1
It seems like it broke out, any word of adviceI think i broke out of a base but Im not sureby just_a_noob0