Pinerest LongTrend retest long idea
Clear divergence on the 1H chart
TP (a) & maybe skim position down
PINS trade ideas
TBOX for PINSFollowing the trend and the possible test of our 3 EMAs, the T-Box shows a possible critical area for a change of short-term trend.
PINS: cup and handleIt is time to put an alert on PINS. The stock has been very constructive for the past year putting in a rounding bottom. From an Elliot Wave point it counts as a leading diagonal with fib targets almost in the money. It has created the cup of the cup and handle pattern and the handle is being formed right now. over the next weeks I will keep a close eye on $21 - $19.5 level. If the bounce makes a micro 5 wave moves up (in 15 min or 30 min time frames), I will contemplate a significant portion of my capital into PINS for a strong swing up toward $50 target by end of year. For now, a few more weeks of patience is required.
PINTEREST strong bullish push to expect
Hi viewers, PINS technically watched here expecting strong bullish push in next periods
TP1:31
TP2:32.50
TP2:34
Pinterest NYSE:PINS has a pending breakout on the weekly time frame, on what seems to be a Stage 2 breakout. NYSE:PINS is coming from a year long base.
I be there !!!!!!Omg omg omg when I do my top down I like to start with 3 month chart and work my way down and right off the back bamm!!! there a double bottom on the 3 month chart this is nuts right now we are at support and super far from the breakout but I will be keeping my eye on it
'Jade Lizard' Trade Idea for a 3/3 Expiration$PINS 'JADE LIZARD'
Pinterest has been great for iron condors the last six months as it has been ranging between $20 and $27.
A similar neutral strategy is a 'Jade Lizard', which is combining a short put with a call credit spread. The idea is that the premium credit from the short put needs to be sufficient to cover the max loss of the call credit spread. And in doing so, the jade lizard setup has no risk to the upside. One thing that is nice about the jade lizard compared to the short iron condor is that if the share price falls and triggers assignment on the short put, the trader now possesses something to show for their troubles, namely shares, which they can now use to sell [aggressive [ calls with in order to get back to breakeven or profitability. With an iron condor, once you take your loss you can't do much about it, except for rolling the losing side into an even riskier credit spread further out. Of course the counter argument is that the holding the shares from a short put could be riskier overall than walking away from the defined risk of a credit spread. In any case, it would be wise to pick a stock, like $PINS, that is expected to fare relatively well in the current market.
If the call credit spread is violated and the short call is in the money, the trade will need to be closed manually before close on expiration day.
$29 Call 3/3 buy
$28 Call 3/3 sell
-- --
$24 Put 3/3 cell
Total Credit ~$156.
Collateral $2,400 for short put.
Resolution. Finally.I have been watching this formation for a couple of months. I was caught by preliminary breakouts but now it seems the true one is about to be played out.
I like to buy PINS here.
Renewed MomentumAfter the short attempt to retrace and the close of the 4 hour window we've got a sharp spike up which I consider being a signal for renewed strength. As we still are trading in a broad range I prefer to trade the 4 hour only not yet looking at longer terms. The more that I assume to whole stock market rather running sidewards in the next time.
pins - longBig money could be flowing into Pinterest. My target is $71.86, same as the analysts target. Short term target is $60.35 but long term is $76.97 and $80.28. For the $80.28 target I do think its a little unlikely to be reached
RetracedSince May we've got an uptrend. The latest November wave has been retraced now for 50 % and we can assume to retain the trend.
Learn Patience The whole picture. Trading in a nutshell. Big consolidations know matter the form; triangles, pennants, or rectangles... etc. A good trader has a lot of patience. So, at the moment we are in a good rectangle base consolidation, it could change to another form. The trade and the hope would be that in time we breakout to the upside of the consolidation for a big move to the long-term downtrend line. Could always breakdown to the downside and we would have a short. The lesson here is patience in your trading journey. Good luck to all and God bless.
Pinterest's gains to be capped.Pinterest - 30d expiry - We look to Sell at 26.74 (stop at 28.01)
The primary trend remains bearish.
The trend of higher highs is located at 26.80.
In our opinion this stock is overvalued.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
Preferred trade is to sell into rallies.
Although the market broke to the upside in early trade, bespoke resistance at 26.80 capped the gains.
Our profit targets will be 23.61 and 23.11
Resistance: 25.50 / 26.80 / 27.50
Support: 22.80 / 22.00 / 20.80
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$PINS with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $PINS after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 100%.
QuickTrade Idea n. 228 : PINSI am Bullish above $25.7 with target at $26.16
I am Bearish below $24.79 with target at $24.24
Unloosable trade on PINS from here Selling the regular January $28 / $24 collar. Selling the call at $28 Jan and buying the $24 put. This will be for a net credit. FROM HERE, can't lose!!! :_)
Pinterest rallies continue to attract sellers.Pinterest - 30d expiry - We look to Sell at 25.49 (stop at 26.71)
Posted a Treble Top formation.
The primary trend remains bearish.
In our opinion this stock is overvalued.
Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end.
26.14 has been pivotal.
26 continues to hold back the bulls.
Resistance could prove difficult to breakdown.
Our profit targets will be 22.33 and 21.33
Resistance: 24.00 / 25.00 / 26.00
Support: 22.60 / 22.00 / 20.50
Disclaimer – Saxo Bank Group.
Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
Pinterest rallies to be capped.Pinterest - 30d expiry - We look to Sell at 25.49 (stop at 26.71)
Posted a Treble Top formation.
The primary trend remains bearish.
In our opinion this stock is overvalued.
Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end.
26.14 has been pivotal.
Rallies should be capped by yesterday's high.
Our profit targets will be 22.33 and 21.33
Resistance: 24.00 / 25.00 / 26.00
Support: 22.60 / 22.00 / 20.50
Disclaimer – Saxo Bank Group.
Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
Recap : QuickTrade n. 15, PINSThe price hit the entry level and moved higher.
It didn't hit the target for few cents and then started to shake nearby the target.
A failed check, closes the position for me.
Iron Condor Idea for a Jan 20th 2023 Expiration01/20/2023 Expiration.
$254:$46 risk : reward (5.5 : 1).
+1 $35 call
-1 $32 call
--{current share price: ~$24.35}--
-1 $19 put
+1 $16 put
$PINS OutlookDown towards the bottom of the range from $16 - $35. Unsure which direction it heads towards but retesting down on support is likely. Any breakout above $35, will lead to a huge potential gain.
