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

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.