Due to several factors the fintech sector has been serverely beaten up over the last few months. While some of the fintech names were way overvalued and a pullback needed, there are still quite a few good businesses within the same space and are going for relatively good value. Remember 'value' is in the eye of the beholder and should not be viewed separately...
This looks very similar to what I have seen in a few growth stocks in the past and a very highly conserved pattern known as the Livermore Cyclinder - Graphic attached.
STNE has had a very rough year, more so than many Brazilian stocks. PAGS has been choppy but is still profitable earnings wise, and seems to be in the lead. I have a position in PAGS, and I'm now looking to enter a position on STNE. Strong supports at 17.17 and 20.39; will DCA into shares slowly as I wait for a reversal candle on the daily (confirmation of buy...
Hi, StoneCo is one of them that is on the Berkshire Hatheway list. Warren Buffett's advice to be "fearful when others are greedy and greedy when others are fearful" is probably one of the world's most famous and frequently repeated investing quotes. Considering that, STNE looks promising. StoneCo is a leading provider of payment-processing and other financial...
See chart. Good DP buying and option flow down here. Major wave 2 down looks complete and we should see a push higher in red zone for wave 3. GL 01/21/22 60C's here
Yes, STNE is doing some good movements lately. It broke the 64, the Bollinger Bands are showing some volatility again, but the RSI is already overbought in the 30min. This means that STNE can drop tomorrow or next week, to the 65 again. We are gaining momentum here, and if we break the 67.79, the 77 is the next stop for us! The problem is if STNE drops to the...
Hello! Friends, -This would be a great Buy Opportunity, IF NASDAQ:STNE breaks up the Daily Resistance line at $65.50 (with a WHOLE DAILY Candle) !!
Requested Video TA on $STNE $LULU and some $LINX cause I have to lol
The Bull Market is strong, but many stocks are extended and sentiment seems to be extremely bullish. This video is my watchlist. Most of these names are at or near all time highs or multi year highs. There are 30 total stocks on this list. Many of these have IPO'd in the last few years and still have a growth story ahead of them. There are also some "COVID" ...
STNE is close to the end of the current consolidation: 1. Price range getting tighter. 2. Volume has been dwindling. 3. RSI is breaking out of 21 MA. Watch for the following confirmation for entry signal: 1. Price break out of the 55.5 level 2. Volume increase.
Head and Shoulders Bottom is forming. I would be waiting for breakout of $28.22
Double bottom is forming for #StoneCo if it holds above $28.22. #RSI is already above the resistance.
A follower wanted me to do a chart analysis on this. Here you go : 1. Weekly bullish trend is broken down 2. Daily bearish trend remains intact 3. 4H chart price action bearish Would I trade this ? Unlikely ! Why ? Thanks for asking , haha. 1. Rules - Sell high , buy low. Are we at the high point or low point ? The answer is low point. That means you have...
#STONECo is swinging. #RSI 50 is a strong support and #rsi trendline as well.
After such a huge drop needs to correct upward. Double bottom and positive divergence on 2 hourly chart. needs break out $26.39
Ascending Triangles are repeatable trading chart patterns. T Ascending patterns will have a directional bias depending on the previous incoming trend. Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern. What ever time frame you are trading this chart pattern, wait for a candle close outside of the trendline in...