Pinterest, Inc.Short
PINS Wave Analysis and Personal Expectation
Hey Folks,
Well I was working on several tickers and I thought why not sharing it with you guys. I rarely share my work as I don’t consider myself still good trader. A long long long way to go :D
However, assuming my wave analysis is correct, and actually we are still in wave 1 of bear trend, then I am expecting wave 2 to fill the gap it made several days ago then it will continue the bear trend as wave 3 to fill highlighted gap.
The weekly indicators is kinda bullish which makes me think, hmm, I might be right to fill the first gap as wave 2, and then going for wave 3.
Bear in mind that earning is coming next week and I am not an earning trader as it might change the whole thing analysis based on fundamentals.
I don’t own the stock and this is not a financial advise :D lets see how it goes
Well I was working on several tickers and I thought why not sharing it with you guys. I rarely share my work as I don’t consider myself still good trader. A long long long way to go :D
However, assuming my wave analysis is correct, and actually we are still in wave 1 of bear trend, then I am expecting wave 2 to fill the gap it made several days ago then it will continue the bear trend as wave 3 to fill highlighted gap.
The weekly indicators is kinda bullish which makes me think, hmm, I might be right to fill the first gap as wave 2, and then going for wave 3.
Bear in mind that earning is coming next week and I am not an earning trader as it might change the whole thing analysis based on fundamentals.
I don’t own the stock and this is not a financial advise :D lets see how it goes
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.