TheGritz

$STNE - 3/18/22 Volume to Big to Ignore?

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NASDAQ:STNE   StoneCo Ltd.
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.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.