PINS trade ideas
PINS ABOUT TO POP!20 MA is about to cross the GOLDEN 200 MA. This could start a long uptrend for NYSE:PINS
$PINS Breaking Resistance - Target $30.00$PINS Breaking Resistance - Target $30.00 by mid July
Note: Not investment advice.
Symmetrical TriangleBreakout: 20.43 so it has Broke the tangle for a long!
Stop: 16 to 19 depending on risk tolerance
Target: 30
Long Pinterest Short term TP @ $27-$28 Long term TP @ $50-60As a long term Investor in Pinterest I am excited for the future. With global e commerce growth and e retail shopping growth i see this stock going to $50 and up in the next 2 years if the current trends stick. I view this platform incredibly catered towards accommodating business e commerce demand and expanding into even bigger revenue streams that Instagram e.g. personal shopping as mentioned by the company in previous outlooks for the future.
This company is to be watched closely ! Partnerships with tech and retail giants are likely!
In the short my thesis is that it will go to $27-$28 in consideration of economies continuing the openings of public spaces , retail which will give more strength to consumer focused stocks like this. Because of the high reward ratio seen in stocks lately , I believe the trend will continue moving forward. This stock has my stamp of approval !
This is not financial Advice please consider own DD and RM.
Thanks very much for viewing !
Long Pinterest Short term TP @ $27-$28
As a long term Pinterest believer I am excited for the future of this company. Expansion is on the horizon and there is so much that management can do with Pinterest moving forward. Just like Instagram this is a tool for businesses to sell products. With current e commerce trends this could turn into a $50 stock in the next 2 years if the growth in online retail moves forwards at the pace that we are seeing it now.
Short term thesis that i have for the stock is that it will reach $27-$28 a share in the next few weeks in the case that global economy opening goes as planned ! Fingers crossed !
Thanks for viewing !
This is not financial Advice , please consider own DD and RM :)
PINS close to fallPINS close to fall, MACD has not been reliable in recent periods, now we have a descending triangle accompanied by an RSI giving an overbought signal
One of the most underestimated social media stocks is..Pinterest.
Shopify's integration is game changing in my opinion. One of the most important metrics in marketing is "intent to buy"... Pinterest has the highest shopping intent among all major social media companies. In 2018 48% of Pinterest users used the platform with the intent to buy, while Facebook was 14%, Instagram 10%, Snapchat 4%, and Twitter 7%. Shopify changes this to something actionable. (blog.hootsuite.com).
**Key thing for me is the chart, not the story.**
PINSPossible HS pattern as well as flag pattern. Conservative entry would be at break out of the channel. Aggressive entry would be break out of the flag.
Entry: @ Breakout
SL: $18.10
TP1: $22
TP2: TBD
PINS Testing 200/dayTomorrow will see how it reacts, gaps up through, think we are on the way to $27, otherwise back down and test again later.
PINS: Projection update; if we can hold the $19.80projection update for the spring breakout move from yesterday.
our target is $22.4 if we can hold the $19.8 level and break expected resistance at the $21.0
PINS setting up to breakThis is an A+ setup with my pivot point strategy. A long wick rejection of the 9 EMA and 20 SMA AND a pivot point with a cup & handle, I think this is very high probability to run higher, going long at open unless we get headlines. Trade responsibly.
PINS: new Long positioni started to watch PINS recently and got to like the price action - the chart says it's ready for a fresh breakout.
initiated a long.
here are the price levels to watch for the next few weeks
the 1hr view looks even more promising
Long PINS - Delayed SignalKeep your trading simple 🚀🚀🚀
This one is more a speculative trade.
T1 = minimum risk reward 1:1
Mind term target $20.6 - Closing gap.
Entry was on the crossover.
I always leave 1/3 of my position for long term gains - moving my stop to my entry if I need to give room for the volatility or using trailing stop for maximum gains.
For maximizing your profits you can use Options.
Not a financial advise just my view - trade smart trade safe.
Follow me to support my work, Thanks!
$PINS $20.50 Price target Short-TermFollowing Elliot Wave and Fib Retracement we could see dip to $17.50 support zone followed by a final rise to $20.50 in the following week. Price will need to test $19.50 again to prove breakout is possible. News on FB shops may be enough to turn market more bullish on $PINS. Current Price targets are estimated at $20.32. Look to enter long at near 17.50 with verification of low RSI/OBV on 1 hour charts.
Pinterest looks like a short.Pinterest appears to have reached the top of its bearish channel which in the past resulted in a drop. Whether or not it stays up is debatable but for now it’s looking bearish. Maybe another retest of the top of the channel but if it doesn’t get above it most likely it’s going down. I would short just based on how everything is going right now.
Not financial advice just an idea.
PINS # PINS waiting for short # PINS
target is 13 USD but we are waiting for point to sell of .
thanks
PINS - 5/15/2020PINS - Ichimoku 45 minutes shows a golden cross just happened. It's looking to fill the gap at $19.55ish but I'm not sure how soon it could reach. Unusual option activities indicate 29k+ contracts were bought for May 22 $18.5 calls for $0.29 - $0.35. Probably people feel that there is one cushion $18.5 before reaching out to $19.5.
Pinterest ($PINS) - Fibo/Trend-line tradeShorting $PINS at the 50% fibo with an RSI TL and Oversold indication. Pinterest has historically performed poorly even prior to the pandemic. Great short setup in play for a good run down.
Pinterest GAP Target - Elliot and 3 Rising ValleysPotential rise to cover GAP.
Problems: The third valley was not fully completed. If the 4th wave is too big, it will hit stop loss.
Bulltrap ontop a bearflag Wedge breaking down back into flag. Looking to retest lower fib levels of the drop.
