PINS IdeaTheta Thursday #Ideas 🎲
$PINS 80C > 79.40 | 75P < 77.17
🔵=Entry ⚪=TP1
Keep it Small, Use Stops, and Don't Chase
See Profit Take Profit
Best of Luck! 🍀
PINS trade ideas
$PINS Gap filled - Good Entry for a Short$PINS finished filling a gap, which coincidences with price action reaching the to top of a rising wedge. On top of those two things, there is also bearish divergence on the RSI. Probability of downside action is high in my opinion and is a great risk/reward entry position.
Pinterest Long tradeHey guys, this is my Long trade for Pinterest. This is not a day trade but a swing trade.
This is not financial advice, I'm just showing what I'm doing.
$PINS June Update*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Recap: My team has had eyes on popular online product and idea discovery platform $PINS for the past few weeks. After correcting from a previous all time high of $89.90 it now sits at $73.14 per share.
My team expects $PINS to continue to perform well short term. We have placed our first take profit at $84.50.
Entry: 66.05
First take profit: $84.50
2nd take profit: $103
Stop loss: $60
If you want to see more, please like and follow us @SimplyShowMeTheMoney
Pinterest heading into next earningsIf we fill the gap, then after it looks like we are about to make a cup (this is 1D Logaritmic chart). As a layover I put a Gann Fan and so handle might form in the way to the earnings around the end of July. Then if Solid: TA + FA are coming together and we are going to breakout to new highs.
PINS Gap fill candidateLook for PINS to pull back into the green box or hold above it for a move up to the 618 fib. This would be a gap fill. Targets on a pull back trade to the green box would be 71 and 75. Not interested any more if price falls below the green box. Needs Nas100 support.
$PINS Update, Slow and SteadyPinterest slowly creeping its way back up to fill the gap near the $76 level. Still long.
PINS Bull Flag on WeeklyPINS is currently in a bull flag. MACD is crossing over and STOCH is favorable for an uptrend. I believe we will hit the $87 PT before a breakout or breakdown occurs.
$PINS Our Interest in Pinterest *This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
My team has had eyes on popular online product and idea discovery platform $PINS for the past few weeks. After correcting from a previous all time high of $89.90 it now sits at $66.05. We expect $PINS to perform well short term, but we have set a long-term target of $103. Our long entries are being placed tomorrow within the $62-$67 zone. From there we expect $PINS to jump back to the mid $70.00 zone in the next couple days. This trade is nullified if $PINS hits our stop loss at $60.00.
If you want to see more, please like and follow us @SimplyShowMeTheMoney
PINS - Gap FillPINS is another gap fill name. It received some decent option flow late on Friday, with someone out there betting on a gap fill as well. Would need this name to go right away going into this week. Tight stop.
$PINS Update, Wants to fill the 75$ GapPINS with bullish green candle after green candle, watching RSI and MACD to judge this trade ands see if we can fill that gap at 76$ by the end of the month.
$PINS Update, Looking to fill the Gap Pinterest slowly but steadily making a comeback to fill that $76 gap, MACD reversing and respecting its support within the horizontal channel as predicted.
PINS Analysis $PINS
Price Target 73 🎯
Bump & Run Reversal ✅
3 Bar Play ✅
Break Above Clouds ✅
Trend Reversal ✅
Invalidated Below 60.38 ❌
break out $62 resistant? $pins if we brake up $62 resistant we will see prices between $65-$70
i am long
$PINS$PINS – I am posting this along side $SQ because the charts are nearly identical and I want to compare what happens in the future.
It appears to me to be a bearish corrective break – with the projections as charted.
The ‘W’ shape top appears to have been a double top reversal = price fell to 200 day EMA. This is also the bottom of the vol profile and the .380 fib level. A double top reversal measures the top and bottom wave to forecast a price below support. That is the range I will look for entry.
Because MACD and RSI are indicating oversold a bear flag is possible.
NYSE:PINS
NYSE:SQ
-21 mei 2021 trading analysis TRIP
-21 mei 2021
trading analysis TRIP
Disclaimer:
This information is for educational purposes and is not an investment recommendation or representative of professional expertise. This analysis used herein is for illustration purposes only. This personal opinion should not be considered specific investment advice. I am not responsible for any trades, and individuals are solely responsible for any live trades placed in their own personal accounts.
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
#keep learning bakkarianz metode
PINS Bullish Engulfing PatternPINS' chart has only seen a Bullish Engulfing (BE) pattern on 4 instances since it has gone public.
1) The first was at the beginning of January 2020 - the stock rallied from $18.88 to $27.10 by Feb 7th, 2020. (43.5% increase)
2) The second was at the end of March 2020 - the stock rallied from $14.92 to $21.59 by May 5th, 2020. (44.7% increase)
3) The third was on March 17th, 2021 - the stock rallied from $74.07 to $88.75 by April 14th, 2021. (19.8% increase)
4) The 4th one just happened on May 11th, 2021.
I think this is a great opportunity to buy PINS as it has shown quick returns (around a month's timeframe) in the past after a BE pattern has been demonstrated. RSI values are also sitting very low (which means the stock is oversold). The Stochastic RSI is also indicating oversold levels. All of these indicators tell us that this is a great time to buy PINS. Please ensure that you set your target sell prices and make sure to do your own due diligence first.
