We are a disruptive provider of financial technology solutions focused primarily on Micro-Merchants, Small Companies and Medium-Sized Companies, or SMEs, in Brazil. Among our peers, we are the only financial technology provider in Brazil whose business model covers all of the following five pillars:
Multiple digital payment solutions
In-person payments via POS devices that we sell to merchants
Free digital accounts
Issuer of prepaid cards to clients for spending or withdrawing account balances
Operating as an acquirer.
2019-05-19
This trade idea came to me during my daily review on Thursday 05/16. This was listed in IBD's Stocks on the Move. I had watched this company last year and had bought call options on this a couple of time. The net balance was a slight gain
The was on my watch list and I archived it when it broke down. When it was feature I recognized the company and liked the chart. I bought this the next morning 05/17
I got filled at $30.27
-5% stop = $28.76
20% Target = $36.33
IBD Rankings 05/19/19
Composite Rating: 99
EPS Rating: 98
RS Rating: 91
Group RS Rating: A+
SMR Rating: A
Acc/Dis Rating: B-
ROE: 29%
Debt: 0%
Outstanding Shares: 161.1m
Float: 159.5m
EPS Due Date: 8/30/19
Dr Alexander has a triple screen for viewing charts and Trading for a Living is why I use the following charts
2019-06-12
I closed out the position yesterday, because the trading action seemed to be topping. I had almost a 20% gain and I wanted to lock in my gains. I got filled at $36.24 including commissions
