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StoneCo Ltd.StoneCo Ltd.StoneCo Ltd.

StoneCo Ltd.

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STNE trade ideas

STNE - Preparing for a Parabolic MoveBoth the chart pattern & recovering financial performance show that STNE is preparing for a parabolic move. I was wondering why this Brazilian Fintech Company, which had stunning financial performance in the previous years, nosedived from 90 to 10 in hardly one year. A decrease of almost 90% - that's scary for every investor. The reason I found is the bad debts - when macroeconomic situation of Brazil worsened people couldn't pay their debts. But now the STNE is recovering on the back surprising quarterly results and whopping estimates about future earnings. Let's discuss important strengths of STNE: TECHNICALS: Stock entered accumulation zone in March 2022 and is swinging between price range of 12 to 7 for the last 7 months. It is forming ascending triangle but still breakout hasn't occurred and Golden Cross is also awaited. Average volume has increased but big spikes which show institutional buying are also not yet witnessed. FUNDAMENTALS: Recent quarter has been tremendously good for STNE. Its post quarter income increased 140% and its revenues increased 10%. One surprising aspect about STNE is that its topline growth has never stopped despite negative incomes in many trailing quarters. Company's revenues increased 110% in Trailing Twelve Months (TTM) because of increasing number of customers and inspiring performance of its core payment-processing system. Its earnings estimate of $0.35 per share represents a change of +191.67% from the year-ago number. Another positive aspect is that Warren Buffet has this stock in his portfolio due to its high risk-reward potential. Hence, I am keeping this stock in strict monitoring and waiting for breakout and golden cross. Another good quarter of earnings can be real fuel for its market performance.
NASDAQ:STNELong
by starringinvestors
7
StoneCo (STNE) following exactly: Wall street Cheat sheet Hello Traders / Investors Seems like Wall st. Cheat sheet is CORRECT. Sad for me I realized it too late and missed some profits in last weeks. Considering my DXY Elliot Wave coun, my expectation is another drop of STNE price where wave C will be 1.618 of A = Price around 5.5 USD. (Best place to buy some shares + Also watch Konvergence of RSI on 1D/1W TF). ritholtz.com Learning every day. Trade safe, take care and enjoy the ride.
NASDAQ:STNEShort
by Longevity_Contrarian
2
StoneCo (4H) - short term Bullcase // could it fill the GAP ?Hello traders (and some investors ?), As you could notice, most of high-growth and tech stocks are in bear market for last several months. While huge part of them formed abc corrective waves down. StoneCo formed impulsive wave (of 5 subwaves) DOWN =that´s not good sign because impulsive waves are never alone. So my thesis how to play this stock is this.: - You can see there is a GAP around 27-29usd which is around 0.238 retracement. (possible 140% gains). Fundamentals: -- there is huge risk, as it is Emerging market in Brazil. - A lot of competitors(like NU bank) with much bigger backing (Berkshoire invested in both, also Softbank, ...) ++ StoneCo grow very fast in terms of AMU and revenue. +/- management hired some advisors which could help to restruturalize business (and also increase expenses :( )... +/- Stone aquired some businesses which was very good step, but I really dont understand why they bought stake in Banco inter (AT THE TOP !!) = seriously guys, they should consider hiring at least average trader / Technical analyst for this kind of aquisitions / investments... +/- stock price correlates highly with other Groth/tech stocks (check my Fintech/ecommerce analysis ... seems like Stoneco correlates more with Chines market than SaP). So fundamentally its 50/50 and depending on many variables = long term it could be nice investment if you are willing going to the moon or to zero.... Right now I´m not willing take so big risk to hold it forever, so my target is around 28 usd. if we form wave C of correction UP, I will sell everything and watch from side. Take care, strade safe and enjoy the ride. ;)
NASDAQ:STNELong
by Longevity_Contrarian
LONG ON $STNE$STNE is Brazilian payment technology firm backed by Warren Buffet's firm Berkshire Hathaway Inc., Despite this stock was down more than 90% however it seems that the institution is buying this stock and we can see it from the volume spike last week I personally expect some volatility in this coming week. Maybe to shake the paperhand out MACD and RSI look bullish if the next earnings turn positive this stock definitely can rally Advisably, use entry with a small position first and wait for the trend build-up. Like 50,100 EMA crossover **Not financial advice**
NASDAQ:STNELong
by aryoTraderX
$STNE - 3/18/22 Volume to Big to Ignore?NASDAQ:STNE Volume on $STNE seems too big to ignore. AVWAP shows $30 a realistic price target. Berkshire Hathaway owned. Whether Buffett/Munger companies are good buys at low prices, or whether the market looks to Buffett/Munger on where to invest in times of uncertainty, is hard to determine. Taking this trade would be following the adage that "price follows volume." I wouldn't recommend weekly options for this trade, but long common shares. It may take time to develop. As always, do your due diligence before making any investment decisions.
NASDAQ:STNELong
by TheGritz
STNE more deal findingNeed to do some DD on this. Berkshire continues to own 10 million shares as of 9/30, reported 11/15. Next report date would be Feb. 15th. I'm a big fan of Brazilian companies, I know there's "political risk" in Brazil, kind of like China, but it's overblown IMO. Looking at a bottom around 14-15, noticing higher lows, now just need to see prices higher than 21 for a confirmed uptrend. Note that 21 is 50% more than 14; this is probably why I'm into bottom fishing, I don't want to miss a big price rise, in exchange for a lower win rate. Trade this however you want, I have no position yet, just posting for interest.
NASDAQ:STNELong
by ChartMeNot
5
StoneCo is coming back ....I remembered covering this stock last year when a follower asked me about it. Wow, the drop from its peak of over 90 dollars to current price of less than 20 dollars (70 dollars drop) is a BIG move southwards ! Fundamental wise, the company is still registering strong growth despite the inflationary pressure in its country. Technical chart wise, I think the risk or downside is limited as it has hit bottom at its current share price. The upside is HUGE for those who has the patience to wait out ........
NASDAQ:STNELong
by dchua1969
1
Stoneco (1D) - Still overpriced ? Approaching Buy zone Hi Traders, This time I will share my thoughts about Stone.co (STNE) - which seems like very nice company ... a.k.a enhanced copy of Square in Brazil with some features and merged subcompanies (which they bought). Fundamentally I really like the company. Also both Waren Buffet and Cathie Wood owns this stock. But is it still overpriced ? P/E is currently around 47. (With assumed Earnings for 3Q21 - End of November 21). So price can still go down a lot for +- 1 month... And here is my investment / trading plan according to Elliot wave analysis: Price is forming most likely last impulsive wave down - With target around 20-25 USD = Ideal buy zone. Wait for 1D / 8H / 4H RSI Konvergence. Do your own research and trade safe with stop loss. ;) Enjoy the game.
NASDAQ:STNELong
by Longevity_Contrarian
10