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TheChartSurfer236

STONE.CO , Earnings Due Monday after Trading Hours

StoneCo Ltd. (NASDAQ:STNE)  
TheChartSurfer236 Updated   
NASDAQ:STNE   StoneCo Ltd.
Trend Analysis Elliott Wave STNE
2
7
trendanalysis elliottwaves stne
Looks like a textbook 5th wave to me. I am gonna go long at $32.50 and average down if it dips a bit at opening. With earnings on monday after market closing, who knows what this bad boy can do ! Lets see what it does tomorrow and that will give us more insight to what the earnings should do ....with good earnings id expect a gap up to around $39.20 monday night. For now tho , targets posted .
Comment:
Looks like earnings gapped up and hit $39.00 WOW what a good day , will be watching how the day closes tomorrow to make my decision to hold or sell ... gotta love power earnings gaps !
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Just read the earnings report , Wish I could erase those red arrows on my charts because this thing is gonna correct flat then blast off again ... .236 retracement max
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Power earnings gap closed weak , red arrows back in play
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this worked out nicely , bottom target is changed to $22.50 . Thats where the .786 retracement level is
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