PINS trade idea for tomorrowNYSE:PINS Sitting on Support all day today. Lets see if this will go up tomorrow. There is no news or whatever that makes the stock go down. Just lack of volume today. Longby Trade_with_ICEUpdated 330
$PINS overview*Before reading the information in this please understand the risks associated with both the stock market and investing as a whole. ALWAYS do your own research; invest with conviction, rather than emotion.* *Please understand I am in no way a professional and offering investment advice, all ideas shared are simply opinion.* *I work with a team of individuals that does research into potentially undervalued publicly traded companies. We use a mix of fundamental and trend analysis to formulate a trading plan for our securities.* I've had a true love for Pinterest ($PINS) since the beginning of the year, they are one of my favorite public companies out. I myself am not an avid user of the platform, however I do know a great number of friends and family that are religious users of this social media platform. Pinterest is a community based message board that allows users to publicly share other ideas that they want to share to their followers; in pair, users can also post their own ideas for their follower base. Pinterest is great for people with in an interest in practically anything (within reason, of course). With a growing technology-driven world, an app like Pinterest will *likely* continue to see user growth, their average user growth was up 37% in 2020, which followed a 30% growth the following year. I myself secured an entry at $66 per share, and as of this post $PINS is sitting at a share price of $76.99 at close Friday, July 10. I averaged up this past Thursday at the $75 price point, and am approaching my first take profit point. Short, mid, and long term simple moving averages have done a bowl pattern and have turned bullish, and momentum has followed. Although SMA has turned, momentum appears to be headed to be headed toward a resistance point. Though I love Pinterest and their operations, as well as their current price action, I am currently neutral on $PINS short term. Though both short and medium term bullish patterns have not been broken, but there are two potential bearish patterns forming, both formed at existing resistance at $90 per share. If $PINS can power through this momentum resistance, they have room to break through the current $90 price ceiling, and could touch a $100 share price by years end. Price points are as follows: ORIGINAL ENTRY: $66 AVERAGED UP/NEW ENTRY: $75 STOP LOSS: $66 TAKE PROFIT 1: $90 TAKE PROFIT 2: $110 There is 43% upside on this medium-term trade from its current entry point. Current stop loss is my original entry. I will be giving an update soon, Pinterest's activity on the charts in the next couple of weeks could tell the tale of what to expect for performance into 2022. Be sure to follow me @bigshotrob for future updates and posts. by tradebuckets3
PINS at a big make it or break it area. be careful! Pins is at a big top trendline resistance, a couple outcomes can happen here.. we either see it breakout over with bullish tech rally, or it respects the resistance and tests 50-55 later this year. RSI extremely overbought, i cant see it going up much higher soon! but never say never - Justin Bieber xD please leave a like if you enjoy my ideas ! <3by Vibranium_Capital3337
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! 🍀by itsCblast1
$PINS Gap filled - Good Entry for a Short$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.Shortby wiz_trades_330
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.Longby edgematic10116
$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 @SimplyShowMeTheMoneyLongby SimplyShowMeTheMoney11
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.Longby MLinv0
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. Longby WadeYendallUpdated 555
$PINS Update, Slow and SteadyPinterest slowly creeping its way back up to fill the gap near the $76 level. Still long. Longby chartxzy4
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.Longby chinoxl32
$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 @SimplyShowMeTheMoneyLongby SimplyShowMeTheMoney997
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.by Dabney114
$PINS Update, Wants to fill the 75$ 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. Longby chartxzy3
PINS basingNYSE:PINS base on the 55 week EMA. Scaling into JAN 21 '22 $70 CALLS @$6.60Longby MullamakerUpdated 0
$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. Longby chartxzy4
PINS Analysis $PINS Price Target 73 🎯 Bump & Run Reversal ✅ 3 Bar Play ✅ Break Above Clouds ✅ Trend Reversal ✅ Invalidated Below 60.38 ❌Longby itsCblast113
break out $62 resistant? $pins if we brake up $62 resistant we will see prices between $65-$70 i am long Longby Hephaestus_Trading_Desk0
$PINS$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:SQby jonwayne02Updated 0