Stonex Group (SNEX)

By JC Parets Fri, Mar 25, 2022

Hey,

This week’s chart comes from our Inside Scoop report — with good reason.

Because one of the C-suite execs at Stonex just made a huge purchase.

As you know — when insiders, who already get stocks as part of their pay, double down on their company, putting even more eggs in the one basket…

You can be sure they see an opportunity too great to pass up.

What’s the secret? We’ll find out when the general public does.

But for now, that kind of faith shown by an insider, coupled with the best trading pattern in the markets today, makes Stonex a massive buy.

Grab it above 77 — and get ready for a quick ride up to 104.

Below 77 — stay away.

Til next week, good trading,

JC Parets

About the Author

JC Parets, founder of All Star Charts, specializes in finding the most opportunistic risk vs. reward propositions while at the same time bringing a top/down approach to the marketplace whose wide spectrum is rivaled by few. JC begins with a long-term global macro perspective and then works his way down to the individual sector and industry level before ultimately isolating the stocks that best portray a particular thesis. Price is the most important technical indicator, but JC uses supplements such as Momentum, Relative Strength, and Fibonacci analysis to complete the process.