$STNE - It is up to the ERNASDAQ:STNE is pushing against the upper trendline. It’s up to the earnings report (ER) to determine whether it breaks out or faces rejection. 👀
STOC34 trade ideas
StoneCo | STNE | Long at $8.76StoneCo NASDAQ:STNE revenue rise is staggering.
Position started at $8.76. Chart looks ready for a move up, but nothing is guaranteed.
Price Targets into 2027:
$10.00
$12.00
$14.00
$16.00
$30.00 (long-term view)
$STNE - Let's hope NASDAQ:STNE If the stock can break out of that wedge, it has a chance to hit around the $14 area.
First, it needs to overcome the $11 area resistance, though.
The targets are published in the chart.
As always, I share my opinions and trades. I'm not suggesting that anyone follow my trades. You do you.
STNEThis is a very complex structure, and I am assuming a leading diagonal. Price is printing a correction, as the first wave down was in three waves (my assumption).
Starting to re-accumulate, I traded this stock last year, and more or less understand its fundamentals. Will see how it plays out.
5/13/24 - $stne - guaranteed volatility... prefer sidelines5/13/24 - vrockstar - i'm staying away from this even though the volatility is guaranteed. take a look at the 5/17 chain for $16P open interest. on one hand - i believe the large P vs. C skew is correct in the terminal NASDAQ:STNE isn't a great LT own (prefer NASDAQ:DLO or NASDAQ:MELI , even NYSE:NU ) but it's still a marginal gainer vs. NYSE:PAGS (which is the ultimate dog in the '24 context on my math). the bar for the quarter looks low and guides have been decent (they're idiosyncratic vs. US "tech"), so all else equal i think the pain trade here is higher first and then a slow realization in 2H. my sense is the P's represent the hedging paradigm of fintech getting murdered. the problem with buying this tap is that a miss could be varied, and if it's bad enough, you can't buy/ avg down and will be forced to take the L and move on. Equally, besides a crushing beat, I don't think it sticks. i am writing on this one more to document my own thoughts to myself as we go about 2H. i think the smarter play here is likely to short NYSE:PAGS on this/ next Q based on the implication of NASDAQ:STNE here. sidelines is probably the safest place here. upside s/b capped to $18/$18.5 all else equal - and anything above $20 i'd argue you could probably entertain a short. a massive dip here could probably be bought for a retrace, but i'd need something like 25-30% to be buying sub 10x PE with conviction which puts the stock closer to $12 (which i think is a low probability event - but not as low as historically esp in this wonky tape). will be watching on the sidelines w/ popcorn and jump in accordingly.
Buy StoneCoShort Term Trading Advice by Naranj Capital
Buy StoneCo
● Buy Range- 17.1 - 17.5
● Target- 18.6 - 19
● StopLoss- 16.2
● Potential Return- 7-9%
● Duration- 9-10 Trading Days
StoneCo Reports Stellar Performance and Strategic EvolutionStoneCo 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 company poised for sustained growth and innovation.
Financial Triumphs and Strategic Milestones:
StoneCo ( NASDAQ:STNE ) reported a staggering 177% increase in adjusted net profit, reaching R$564 million in the fourth quarter of 2023. This remarkable growth is complemented by a 20.1% year-over-year increase in total revenue, amounting to R$3.2 billion. Notably, the company achieved an adjusted EBT of R$638 million, marking a 17.2% rise compared to the same period in 2022.
The company's financial services revenue surged to R$2.87 billion in 4Q23, driven by the robust performance of micro, small, and medium-sized businesses (MSMB) clients. With a significant increase in transaction volume and a rise in take rates, StoneCo ( NASDAQ:STNE ) continues to solidify its position as a preferred financial partner for businesses across various sectors.
Innovative Solutions and Technological Advancements:
StoneCo's commitment to innovation is evident in its relentless pursuit of integrated software solutions across priority verticals such as Retail, Gas Stations, Food, and Pharmacies. The company's introduction of a new metric to assess payment volume within these verticals reflects its dedication to enhancing customer experience and driving growth.
Furthermore, StoneCo's strategic focus on building a robust technological platform encompassing payment processing, banking services, credit solutions, and software integration underscores its vision for the future. With investments in restructuring aimed at optimizing operations and driving efficiency, StoneCo ( NASDAQ:STNE ) is well-positioned to capitalize on emerging opportunities in the fintech landscape.
Founder Transition and Governance Renewal:
In a significant development, StoneCo announced the transition of its founder, André Street, from the Board of Directors, signaling a new chapter in the company's governance structure. As André Street and other key board members conclude their terms, new nominations, including Mauricio Luchetti and Gilberto Caldart, underscore a commitment to governance excellence and leadership continuity.
Looking Ahead:
As StoneCo embarks on its journey towards sustained growth and innovation, CEO Pedro Zinner reaffirms the company's strategic focus on integrating software solutions, expanding its technological capabilities, and harnessing the potential of payment matching, banking services, credit offerings, and software integration. With a strong financial position, a clear strategic roadmap, and a commitment to governance excellence, StoneCo is poised to shape the future of fintech and deliver long-term value to shareholders and stakeholders alike.
In conclusion, StoneCo's stellar performance in 2023, coupled with strategic advancements and governance renewal, exemplifies its resilience, vision, and unwavering commitment to driving innovation and value creation in the rapidly evolving fintech landscape.
STNE StoneCo Options Ahead of EarningsIf 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 release, I would sell at least half of them.
STNE Gap FIll Wedge BounceSTNE 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
STNE - Long - LongtermIn 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 easily make 40-80% I think.
On Daily Time frame the RSI is overbought so be careful to take entry. On Monthly TF the RSI is oversold.
What do you think?
Update on $STNE - Still Watching Fib and IchimokuMy update on $STNE. Still long and this is just showing my progress
$STNE Fibonacci and Ichimoku Daily 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.
STNE StoneCo Ltd Options Ahead of EarningsIf 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 2024-1-19,
for a premium of approximately $1.47.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
STNE - Strong Support at $12 and potential BuyFundamental 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.
STNE StoneCo Options Ahead of EarningsIf 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 these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
StoneCo STNE weeklyUsing 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.
$NASDAQ:STNE Swing trade planNASDAQ:STNE Waiting to break the pullback channel. In a bigger picture the price action is forming a Higher Low.
$NASDAQ:STNE Technical analysisNASDAQ:STNE Bullish sentiment
Forming a Higher low above price consolidation
STNE swing UP buy at 12.52 with SL at 11.63Breakout above the ressistance line at 12.15 and retest with triple bottom on 15M. Buy on 31.05 at market open. Good 15M signal candle.
STNE StoneCo Options Ahead of EarningsIf 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 them.
Looking forward to read your opinion about it.
STNE - Is it time to climb?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!
STNE - short positionBoth 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.
Technical AnalysisAscending 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.
