Noxtreme

STNE for a swing or a long?

Noxtreme تم تحديثه   
NASDAQ:STNE   StoneCo Ltd.
STNE has my interest for a swing coming into earnings. Earnings could be the catalyst for gap fill but could also dump it if the competition has hurt them. More research needed. Earning 5/19
Target 34. Hope for gap fill before earnings which would have me taking profit before earnings.
New solid base of support and confirmed daily uptrend.
Golden cross on shorter term time frames, price also using 50 and 200 as new support on short term time frames.
Looking for break of 27.60 and continuation early next week (ideally break of 27.85). This paired with bullish MacD cross on the daily would likely have me entering quarter position.
Positive analyst outlook and Buffet just got in I believe. (DYOR)
Potential good long entry also as there is massive upside potential for STNE if they are able to gain a foothold in this market. Compared to PayPal and square.
Hold rating for most analyst.
LACK OF PRICE HISTORY and 47% up on the year means extra caution.

Not trading or investing advise. Please do your own research and share your thoughts below.

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تعليق:
CORRECTION. EARNING 5/14. Monday after market close on 5/13
تعليق:
This trade seems to be coming back around. Gap has not been filled yet
تعليق:
Success
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