XPO INC., (XPO) provides freight transportation services in United States, rest of North America, Europe, UK & internationally. It operates in two segments, North American LTL & European Transportation & offers services to different industries. It is based in Greenwich, CT, comes under “Industrials” sector & trades as “XPO” ticker at NYSE.
XPO reacted higher in ((3)) in Elliott Wave impulse sequence as expected from the previous article. It proposed ended ((4)) at $103.71 low as extreme areas & should extend higher in ((5)) of III towards $136.95 or higher levels.
XPO – Elliott Wave View From 2.12.2024: 
In weekly sequence, it placed ((II)) at $13.30 low in March-2020 & II of (I) at $24.75 low in September-2022. Above there, it favors upside in III of (I) & expect one more push higher in ((5)) before correcting in IV. Within III, it placed ((1)) at $80.42 high, ((2)) at $65.80 low & ((3)) at $130.51 high. Below there, it favored ended ((4)) at $103.71 low as double correction as 0.382 Fibonacci retracement of ((3)). In ((4)) pullback, it ended (W) at $112.55 low, (X) at $122.67 high & (Y) at $103.71 low.
XPO – Elliott Wave Latest Daily View: 
Above ((4)) low from blue box area, it appears ended (1) of ((5)) at $122.54 high as 3 swing bounce. It favors corrective pullback in (2), which should stay above $103.71 low before resume higher in (3). It expects ((5)) to unfold as diagonal sequence & extend towards $136.82 – $147.08 area to finish III, which confirm above ((3)) high. Alternatively, if it breaks below $103.71 low, it will extend ((4)) correction before turning higher in ((5)). We like to buy the pullback in 3, 7 or 11 swings at extreme areas, when reached.
XPO – Elliott Wave Latest Weekly View: 
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