STNE - Strong Support at $12 and potential Buy

Fundamental 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.