StoneCo Ltd.Long
STNE breakout imminent
Updated
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.
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.
Note
We had a breakout today, the only thing is that the volume didn't increase much. Keep close eye on this. Stay nimble.
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