Pinterest, Inc.Updated Can you trade based on news?
Bloomberg News reported Wednesday that PayPal is looking at purchasing the image-sharing social media platform, noting talks of a potential price of $70 a share, a level that would value Pinterest at around $39 billion.
In this analysis, you can see both sides of the same trade!
One is PayPal which experienced one of its worst days after the news came out they decided to buy Pinterest, on the other hand, PINS experienced its best trading day ever..!
It is very unlikely to be successful in trading/investing by following the news..!
Best,
Moshkelgosha
In this analysis, you can see both sides of the same trade!
One is PayPal which experienced one of its worst days after the news came out they decided to buy Pinterest, on the other hand, PINS experienced its best trading day ever..!
It is very unlikely to be successful in trading/investing by following the news..!
Best,
Moshkelgosha
Note
News effect washed out for PINS
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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.
Use the following link to access trading ideas: patreon.com/SniperTraderStocks?utm_medium=unknown&utm_source=join_link&utm_campaign=creatorshare_creator&utm_content=copyLink
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.