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SWRLS
Jan 8, 2024 3:20 PM

STNE Gap FIll Wedge Bounce Long

NASDAQ:STNE65
StoneCo Ltd.NASDAQ

Description

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STNE perfectly filled the gap from December 13th and bounced. Now a break above the January 3 high of $17.38 should send this back to new highs. Targets $18 $19

Trade active

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In at $17.35

Trade closed: target reached

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Targets hit. Good enough for me
Trend LinesSupply and DemandWedgeSTNEwedgebreakoutgapfill
Comments
spfleck
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Might be a buy again?
SWRLS
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@spfleck, doesn't look bad, but there are better setups out there imo
SabahEquityResearch
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Perfect idea
SWRLS
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@SabahEquityResearch, thank you!
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