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Is XP poised for gains? Upper Bollinger Band Walk shows up after a flat session
On Wednesday, July 15th, XP remained flat, accompanied by volume at 0.6× the usual levels. Upper Bollinger Band Walk — typically a warning sign for traders — developed during the session. Key support levels exist at 16.67, 16.47 & 16.25, with resistance at 17.09, 17.31 & 17.51.
Current SwingTradeBot Technical Rating of XP: D
Is this the only signal? Not even close. Explore the full breakdown at SwingTradeBot.
Read full article here »