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...
$STNE is set to keep climbing after breaking out to the upside on Friday. The company delivered strong Q3 results and $BRK-B has a 7.9% stake in the company. Here are the highlights: StoneCo (NASDAQ:STNE) Q3 total revenue and income of R$671.1M (US$159M) jumped 60% from the year-ago quarter. Q3 adjusted net income of R$201.9M rose 126% Y/Y. Q3 adjusted net...
Some lower highs coming in. Some decent volume. Let's see if she breaks lower.
STNE price going up with weekly trend line. Possibly buy. wait for retracement. I also watching this one.
Oh boy... So i will try my best not to expose my crypto bias. NASDAQ:STNE 1. Warren Buffett’s crypto payment app that IPO’d late 2018. 2. My crazy Brazilian ex gf (who was a sergeant police officer in Brazil) tells me more & more people are using StoneCo app because no one trusts the Brazilian Real currency anymore due to all the corruption and weakening. 3....
Touched bottomed 25.43/61.80% and this level is very important level for supporting.
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...
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...