In 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?
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?