STNE: StoneCo Ltd.
2021-05-20 17:37:05
StoneCo Ltd. Announces New Share Repurchase Program and the Repurchase of US$ 199 Million Under the Former Program
Stockonomy Weekly Pick 03.01.2021
STNE looks to have began a new uptrend following a selloff from its strong 2020.
Price is currently in our buy zone on this pullback to key levels + StochRSI.
Any further dip into our buy zone could be considered a good trade entry.
"StoneCo Ltd. provides financial technology solutions to clients and integrated partners to...
After bouncing off of this heavy resistance level at 87, STNE looks like it wants to break! Watch for an RSI cool down and momentum to come back in, CS gives a PT of 100, this seems feasible by March!
Over the last three days, Tickeron's A.I.dvisor has detected that STNE's AroonUp green line (see chart) is above 70, while the AroonDown red line is below 30. When the green line goes above 70 while the red line stays below 30, this is an indicator that the stock could be poised for a strong Uptrend. For traders, this could mean going long the stock or exploring...
Over the last three days, A.I.dvisor has detected that STNE's AroonUp green line (see chart) is above 70, while the AroonDown red line is below 30. When the green line goes above 70 while the red line stays below 30, this is an indicator that the stock could be poised for a strong Uptrend. For traders, this could mean going long the stock or exploring call options...
STNE is breaking into new highs. It's a little extended, but could enter hear with a reduced position size. Needs a looser stop of 15% based on the 10d ATR (x2.7). A position size of R6.65 would control risk and could add if another base forms.
Stop Loss: 15.05% (52.86)
Position Size: R6.65
