NASDAQ:STNE   StoneCo Ltd.
$STNE is Brazilian payment technology firm backed by Warren Buffet's firm Berkshire Hathaway Inc.,
Despite this stock was down more than 90% however it seems that the institution is buying this stock and we can see it from the volume spike last week
I personally expect some volatility in this coming week. Maybe to shake the paperhand out
MACD and RSI look bullish
if the next earnings turn positive this stock definitely can rally
Advisably, use entry with a small position first and wait for the trend build-up. Like 50,100 EMA crossover


**Not financial advice**



Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.