Apr. 11 at 3:23 AM
$XP macro chart — 5 years of pain.
$47 →
$9.18. One of the longest downtrends in the large-cap EM space.
But something just changed:
✅ White MA crossed ABOVE red MA — first bullish cross in years
✅ RSI reclaimed 50+ — first time in years
✅ Volume on recovery is the highest since the 2021 peak
✅ Bounced from
$9.18 back to
$20 — 118% recovery off the low
Now sitting in the VPVR high-volume node at
$17.66–
$20.56. Air pocket above
$20.56 to
$24.
🔴 Res:
$21.50 /
$24 /
$26
🟢 Sup:
$17.66 /
$16.82 /
$13
First real trend change signal in 5 years. Blue MA at
$24 is the test.
#XP #Brazil #EM #Stocks #hovdid
