STNE position open $34.40 Stoploss $34.75 profit taking : $ 32.50
This is a new company, ipo last year. similar to SQ/Pypl for merchants. They have earning coming up tomorrow AH. There's no doubt that this company will grow but I think they overestimated earning this quarter and find it hard for them to beat estimates. I'd love to see a real pull back to $27.62 if i were to take a shot at investing them.
Trade closed: stop reached
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Got stopped on Stne yesterday. waited till after earning. really liked the company still after the earning surprise. Played a short scalp in the morning for $100. prntscr.com/n01yj2
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Getting ready to open a short position, Looking like they are about to give back all the gains. Open position at $40.07 Stop loss at $41.6 Take profit at $35.48