PINS trade ideas
PINS possible ABC correction coming PINS has almost completed a 5 wave series and now expecting ABC correction to follow.
Not financial advice.
Beware of ER. I think it need a retracement soonRSI overbought
CMF close to 0
Breaking Bollinger Top
Movoing averages can't keep up
PINTREST BULLISH EARNINGS PLAYfirst time posting so i would love some criticism and ideas
I've entered a small position on PINS due to todays sell off and seeing some resistance on PINS around the 50.50 area.
They have been doing well ever since corona has started and i expect their earnings to do well this week.
great alert from my mod!those darkpools really paid off here! nice catch, i may chase. looks like it entering a fomo run to 100
Pinterest gapping up ahead of ERPinterest stock just gapped up from $45 to $51 ahead of earnings mainly on a sympathy run alongside SNAP huge Q3 beat.
Today, the stock moved into the $53 range.
My expectation heading into ER is that PINS will follow Snap and post a big Q3 beat as I believe the ad revenue will be YUGE as more and more people have been home from COVID and they're spending more time online.
I am liking this stock and I am planning to enter the 50-53 C ahead of Earnings next week which I believe are 10/29.
On the chart we also see after the breakout that is, that the stock formed a mini bull pennant and broke out again to the $53 range.
I love the stock, I love to own it long term, I am buying the calls!
My PT for PINS is $70 by end of year. Lets see how this one plays out!
$PINS Pinterest Jumps After SNAP Earnings
Potential Long entry on the back of SNAP's blow out earnings.
Pre market the stock is at the Overall 1.414 Fibonacci expansion, a break above bring $50.00
and then $53.00 into play. Very likely we see this
run up into earnings on the 28th.
Its is also a COVID stock and Election immune.
10/19 PINS PinterestWith earning on 10/28 I believe we will blow through the $45.85-$46 Resistance.
I suggest waiting for closing candle(s) above those resistance levels is key to great entry.
As always I enjoy seeing your comments for and against the idea.
PINS - Is it time to pullback?Pinterest is finally starting to look a little weaker after a massive 40% pop in July. I have been watching that gap for quite some time just wondering if it will ever get filled.
Clear divergence on the MACD and RSI as it has just continued to chug higher. I am hoping it comes back down to the $25-$35 dollar range so I can actually pick up some shares. This one looks like a clear winner to me considering long term trends and the want/need of the US government to increase competition on the mega cap stocks such as Facebook.
PINS LongConsolidating near ATH.
Daily volume shows institutional accumulation.
Earnings on Oct. 28 AMC.
Target: $48-$50.
$PINS can rise in the next daysContextual immersion trading strategy idea.
Pinterest, Inc. provides a visual discovery engine in the United States and internationally.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $44,04;
stop-loss — $42,42.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
Buy Zone and Target for Pinterest $PINSMy buy zone and target for Pinterest. I believe $pins is currently in a consolidation right now and i think it will make another move to the upside soon.
(Not financial advice)
Cup and HandlePossible Targets listed. Gap below price can provide support
Chances are if it has a deep pull back it will go there
The same gap becomes R if price goes under it
no rising wedges
Gap below Price
NV decreasing since gap up. They will be back if price is threatened
Short interest lower than expected
Quite a rally..Seems time for a pull back
Not a recommendation
NIO Swing Long - Double Bollinger Band BreakoutHey,
Thanks for checking out my trade idea. Please feel free to follow me and like this idea.
NIO has been in contraction, and as of the last 3 daily candles it has begun to expand. I'm looking for follow thru expansion this week, very similar to the PINS move that occurred last week. The size of NIO's contraction box is roughly $5.5. Therefore, my targets would be $26.5 to $32. One to two times the size of the box within the next 5 to 10 trading days.
As always, we only trade confirmed Double Bollinger Band Breakouts.
