StoneCo Ltd. (Nasdaq: NASDAQ:STNE ) has once again showcased its robust financial performance, closing the last quarter of 2023 with remarkable results that underscore its position as a leader in the financial technology sector. With a substantial increase in adjusted net profit, soaring revenues, and strategic advancements, StoneCo's trajectory reflects a...
If you haven`t bought STNE before the previous earnings:
Then analyzing the options chain and the chart patterns of STNE StoneCo prior to the earnings report this week,
I would consider purchasing the 17usd strike price Calls with
an expiration date of 2024-3-22,
for a premium of approximately $1.20.
If these options prove to be profitable prior to the earnings...
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
In my opininon STNE has a bullish moments now. It was breaking out from a long descending trend so now it's time to change direction. Its easily going through to first resistance (S/R flip) now the next one is coming. It can bounce back to support area and if doing this there is chance the to buy or DCA.
If the whole market is still green in HTF this stone...
As always learning or going back to learning. A chart a day makes one happy every day!
Take Profit and Stop Loss
Used Fibonacci 4 Hour for Stop loss and for take profit used Daily Fibonacci. Now Ichimoku is the base chart for guidance
You always learn by doing it. I bought it on my long term plan and am also setting an alert for this on Trading View.
If you haven`t bought STNE when the backed by Buffett company named executive from JPMorgan Chase:
or sold before the previous earnings:
Then analyzing the options chain and the chart patterns of STNE StoneCo Ltd prior to the earnings report this week,
I would consider purchasing the 10usd strike price in the money Calls with
an expiration date of...
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.
If you haven`t bought STNE when they named an executive from JPMorgan Chase backed by Buffett:
Or sold it here:
Then analyzing the options chain and the chart patterns of STNE StoneCo prior to the earnings report this week,
I would consider purchasing the 15usd strike price Calls with
an expiration date of 2023-9-15,
for a premium of approximately $0.60.
If...
Using Weinstein's 30 week. Has already had a @ 50% run but has @ 20% to go before some resistance.
This is a Buffett portfolio holding - < 1%
FinTech and Emerging market play
Tight stops as always for me.
If you haven`t sold STNE here:
Now Analyzing the options chain of STNE StoneCo prior to the earnings report this week,
I would consider purchasing the 12usd strike price Puts with
an expiration date of 2023-6-16,
for a premium of approximately $0.45
If these options prove to be profitable prior to the earnings release, I would sell at least half of...
STNE - Is it time to climb?
Above the average line 150MA + Met the line of resistance several times + Cup & Handle pattern
Is it time to break the channel upwards? - Potential of hundreds of percent up to an all-time high - Long term
Only an idea and not a recommendation for trading!
Both the resistance and the support seem to be strong on this chart.
The Stochastic and RSI show overbought conditions.
Enter the short position now and wait for the price to reach the support.
Stop loss and target are shown on the chart.
Ascending Triangle formed and annotated with TA PT along with possible time frames using Fibonacci time series, Fib retracements and Bulkowski's pattern targets. Stone recently swung to profit on improving fundamentals Q/Q and Y/Y supported by the possibility of Brazil cutting rates in near term and coming out of recession.
