ReactReflect

STNE breakout imminent

Long
ReactReflect Updated   
NASDAQ:STNE   StoneCo Ltd.
STNE is close to the end of the current consolidation:
1. Price range getting tighter.
2. Volume has been dwindling.
3. RSI is breaking out of 21 MA.

Watch for the following confirmation for entry signal:
1. Price break out of the 55.5 level
2. Volume increase.

Comment:
We had a breakout today, the only thing is that the volume didn't increase much. Keep close eye on this. Stay nimble.
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