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STNE - Strong Support at $12 and potential Buy

Long
StoneCo Ltd. (NASDAQ:STNE)  
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NASDAQ:STNE   StoneCo Ltd.
Trend Analysis Chart Patterns Fundamental Analysis
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trendanalysis chartpattern fundamental
Fundamental analysis:
StoneCo (NASDAQ: STNE) reported second quarter EPS of R$0.94, R$0.08 better than the analyst estimate of R$0.86. Revenue for the quarter came in at R$2.95B versus the consensus estimate of R$2.9B.

Technical analysis:
- The char is uptrending
- $12 area is strong support level.
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