PINS Long inside and above box.Huge weekly close after earnings. Long inside and above box or wait for pull back long entry at target below box. Longby WadeYendallUpdated 7
PINS - How much higher can it go?I have been watching Pinterest since March and I kind of want to cry after last Friday. There is no way this rally is sustainable. It looks like we have a hanging man met at strong resistance. A lot of the tech stocks are displaying this same candle pattern breakout from there trends. Their earnings report was phenomenal, but I think it is poised for a pullback. The hanging man will only confirm with a nice red candle stick next week. It is way outside the bollinger bands, RSI is signalling overbought, and the MACD has been showing a loss in momentum up until last friday. Long term I am very bullish, but I need it to pullback to take up a position. Looks like an excellent short opportunity in the next week or so but even that is iffy with the Feds potentially dropping another bill. As always, I am not a financial advisor and this is financial advise. Do your own research and formulate your own theories. Good Luck!by ChrisPtaco_325
PINTEREST drop and bounce?Hi, 3 months trading, still a noob. Shorted Pinterest around 32. - Nice double top forming on the weekly. - Hanging man on the daily - Severly overbought - Huge gap to 28, allings nicely with recent support as well as Fib .0382 - Could sink even lower to 25 if history repeats itself though i think fundaments have impoved Thinks we'll see a bounce, herp Look forward to your insights. Still learning :) CheersShortby Goingdutch3035
PINS - One of Potential Future Trending Business The world shocked by corona virus that kill 682.885 people around the world. Until now, this virus still spreading and haunting many country (mine including). So sad. People then making many policy to disrupt this virus and stop it to spreading again. One of the policies is social distancing that made many traditional business suffered and slow down global economy. In fact, triggered economy crisis in USA, and Europe. But not all business down, some of them survive even growing nowadays. One of them is social media business. Here, I share about PINS, a code stock of Pinterest. Pinterest is a "social network" with boards. It is like you pin an image and short information on the board. Making people know what is your thoughts and ideas. A simple idea but can visualized beautifully by Silbermann. With the features like that, people can use Pinterest for make a catalogs and triggered shopping; data analysis by company to track the popular items among market to build their marketing strategy. So, generally, it has a potential future business. And with this corona virus and social distancing, this Pinterest growing more and more. Okay, now, lets see the chart. PINS making bullish pattern, challenged 26-28. and all of sudden broke out with huge gaps.This reflected a urgency movement from buyers. And gives us a clue the potential future movement for this PINS. Now, buyers once again facing the strong resistance 34-36 of sellers territory. If they can breakout this resistance, and making solid ground after that, then, buyers has a high possibility can reach 57-58. An interesting target for this PINS. So, make PINS as your watchlist and monitor its movement. Stay blessed Jee Longby Jee_D3
PINS earningsDo you think NYSE:PINS earnings will have the same impact on price as Q1 earnings when ad revenue was supposed to be increasing after the COVID cutback?by PenguinsFly2
Pinterest Stepping UpFrom what I'm gathering since the COVID bottom, we're still looking good and in an uptrend channel while stepping up along the way. This is my assessment, not advice to go buy anything. I have 50 shares at $24.40 already, and with what I think will just be the wick of a candle tomorrow, I have a buy order for 25 at $23.98 (psychological level), 25 at $23.61 (gap fill and within +/- range of current support per stockconsultant), and if we are very unlucky, an order for 100 at $22.53. I do think this is a long term win, but this is all I'm willing to put into this position in a worst case scenario. Curious on your thoughts. Longby PenguinsFlyUpdated 0
PINS: Ascending Triangle, ConfirmedAscending Triangle Descending Volume Could climb with ER coming PPS above 50MA High R/R ratio at 17 Cons PPS below 200MA 200MA descending 250RSI below 50 ATR descending, less volatility If confirmed PT1 = 12,41 PT2 = 13,37 PT3 = 14,56 PT4 = 17,42 PT5 = 18,53 PT6 = 20,14 Bonus PT7 = 21,31Longby LeLaf222
Next stop $29.81- Making some legs here and should break up and follow this channel grinding up slowly but surely . Not that exciting a graph as i thought it would be but worth a 20% trade , exit if we loose the up trend line . This might keep going on up to make new highs but 29 is a good spot to take off some of your position if you're hodling and buy back lower . 31st of July is Q2 results hence 29 is decent to jump off since it may dip. ( no idea how the results are ,just preserving capital ) Cheers! Longby CompoundingGain4
$PINS - Watch the resistance area (24.5 is the support)Not for any advise, Just an Idea.by Samuel12_19807
PINS for 13/17Possibly short term short but the overall trad is bullish so I won't try to fight thatby TradeBroInc0
PINS 30/06/20 LongAsset and Time frame -1D,4H,1H Entry Price - 21.5689 Exit(Stop Loss) - 20.02 Exit(Take Profit) -27.00 Technical Analysis -PINS is on its way for the 3rd wave of Elliot, price action made a hammer-like pattern, price reacted to a confirmed trend line and the 0.00 Fibonacci level after reaching the -27.2, also the daily 200SMA is being used as support, RRR is 3.1 What can be improved - Conclusion & End of Trade -Longby AviranyUpdated 5
End of a good streak for $PINS?$PINS sitting in a bit of a bearish divergences when comparing the trend of the chart to the trend of the RSI as well as trend of the volume to the trend of the RSI. Watch for a cross over 25.43. Support is around 24.06 and after that 22.59. Today’s candle may be green, but it looks a bit like a shooting star/inverted hammerShortby Trendcost331
Pinterest longHere is an easy ta for Pinterest long: Pinterest is since March 18 in Corono Up-Trend. S1 shows a healthy way to life coming up and breaking through resistance at 24 $ mark. At 29 June buyers took control as you can see by hammer candlestick followed by rising volume. Next resistance is around 26 $ mark but I guess with that amount of volume should be no problem. Indicators: BB= Close to upper band, oversold, no signal 200 day SMA= moves above, buying signal 50 day SMA= moves above, buying signal MACD= Crossing, tendency up (up-trend), buying signal RSI 14= Crossing at 50, buying signal Volume= Is rising, buying signal Candlesticks: Hammer=Confirmed up-trend after that For maximal risk/reward ratio I would recommand you an option play: 1. Buy Call 28 Sept or/and 2. Sell Put 20 Sept So going long covered or naked. Good luck for your trading :) Longby Hornetcharts5
A Scenario for Inverse H&S for PINS There is no clear sign that this formation can take place but taking into consideration a major correction coming up in the near term for markets in combination with some gaps that have to be filled i expect pins to form inverse H&S. Interestingly when pins announced the latest result the stock crashed back to $15. There are plentiful stock to be sold from the owners and the stock is following the market move and sentiment 100%. Waiting to build a position for the long term here.by Philoslother2
Bullish Charts - Golden Cross, Facebook Shuts Down HobbiPinterest, Inc. provides visual discovery engine in the United States and internationally. The company's engine allows people to find inspiration for their lives, including recipes, home and style ideas, travel destinations, and others. It shows them visual recommendations based on people personal taste and interests. The company was formerly known as Cold Brew Labs Inc. and changed its name to Pinterest, Inc. in April 2012. Pinterest, Inc. was founded in 2008 and is headquartered in San Francisco, California. On 07/01/20, news hit the wires that said Facebook confirmed it was shutting down its rival website / app Hobbi leaving Pinterest with great potential & almost no competition. With Short Sellers controlling around 5.54% of the stock, and the news that Facebook is shutting down its rival app, I think this stock could easily run and possibly double in price. Daily Chart is Bullish The 50-Day MA just crossed up above the 200-Day MA Volume, MACD, RSI, Stochastic and Accumulation are all Bullish The Cloud is Bullish - Indicators listed below. 12-Jun-20 20.89 Bullish Chikou Span Cross Strong 29-May-20 20.29 Bullish Tenkan/Kijun Cross Strong 26-May-20 19.50 Bullish Kijun Sen Cross Strong 26-May-20 19.50 Bullish Kumo Breakout 27-Apr-20 20.78 Bullish Senkou Span Cross Strong PINS could be the only play in town for what it has and does. Long! DISCLAIMER The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Longby HotCharts6