STNE on WatchLooking to buy a breakout above $15.45 (.618 fib level)
Why:
Uptrend
Strong green close on Friday with high volume
Low volume on the pull back, June 25 & June 26
Stop is below 15.24 which is the .382 fib which almost lines up with the high on June 17.
Target is around $16.26 which is just
Next report date
—
Report period
—
EPS estimate
—
Revenue estimate
—
−4.330 BRL
−1.74 B BRL
5.82 B BRL
248.88 M
About StoneCo Ltd.
Sector
CEO
Pedro Zinner
Website
Headquarters
Camana Bay
Founded
2000
ISIN
BRSTOCBDR024
FIGI
BBG01S9LM9W2
StoneCo Ltd. engages in the provision of financial technology solutions. It caters to merchants and partners that conduct electronic commerce across in-store, online, and mobile channels. The firm offers cloud-based technology platform, electronic payments, and automation of business processes at the point-of-sale. The company was founded by André Street de Aguiar in 2000 and is headquartered in George Town, Cayman Islands.
Related stocks
StoneCo May Have Turned HigherStoneCo has been stuck in a range since crashing in 2021, but some traders may think it’s turning back to the upside.
The first pattern on today’s chart is the series of lower highs since early last year. Prices have apparently broken that falling trendline.
Second, the Brazilian fintech jumped on
$STNE - Let's hope NASDAQ:STNE If the stock can break out of that wedge, it has a chance to hit around the $14 area.
First, it needs to overcome the $11 area resistance, though.
The targets are published in the chart.
As always, I share my opinions and trades. I'm not suggesting that anyone follow my trades. You d
5/13/24 - $stne - guaranteed volatility... prefer sidelines5/13/24 - vrockstar - i'm staying away from this even though the volatility is guaranteed. take a look at the 5/17 chain for $16P open interest. on one hand - i believe the large P vs. C skew is correct in the terminal NASDAQ:STNE isn't a great LT own (prefer NASDAQ:DLO or NASDAQ:MELI , even N
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Curated watchlists where STOC34 is featured.