Brazilian Bull Run!

XP Inc. (XP) is showing strong bullish momentum, with a gap forming around the $11.18 level. A breakout above the $15.25 weekly resistance would confirm further strength, positioning the stock to target the $20.39 resistance. This trade setup offers an excellent risk-to-reward ratio, with a stop-loss set at $11.18 to manage downside risk.

As a leading investment platform in Brazil, XP is uniquely positioned to capitalize on the country's growing demand for digital financial services and investment solutions. With a robust client acquisition strategy and a diverse range of financial products, XP continues to expand its market share in brokerage, asset management, and banking services.

Additionally, as Brazil’s financial markets mature and more retail investors enter the space, XP stands to benefit from long-term secular trends in wealth management and fintech adoption. Strong earnings growth, consistent innovation, and macroeconomic tailwinds further reinforce XP’s upside potential.

This combination of technical momentum, increasing market penetration, and strong sector fundamentals supports a bullish push toward $20.39, making XP an attractive opportunity for traders and long-term investors alike.


XP