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.
PINS trade ideas
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
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
$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.
PINS weekly despair bubble cycle stop loss $0Buy Shares of PINS Stop at $26.73 Limit at $26.73 (Good 'til Canceled)
PINS weekly despair bubble cycle stop loss $0 I'll HODL
Looking for a replacement for trading Twitter shares?Now that Elon Musk’s buyout of Twitter has been completed, and the company has been taken off the trading market, what comparable stocks can traders look to trade now?
Of course, there are other social media compatriots that traders could turn to, or even other companies of a similar market capitalisation that are in takeover talks and abiding by a similar volatility. A stock that might just fit the bill could be the social media outlier; Pinterest.
Pinterest sometimes likes to position itself as the antithesis of Twitter and Instagram, where users find inspiration rather than encountering toxicity and developing body-image disorders. While I can't speak to the truthfulness of this claim, Pinterest is still categorised as a social media platform and its stock price can be affected by some of the same micro and macroeconomic events that affect this sub-sector. As such, and as illustrated on the chart, Pinterest and Twitter have followed a very similar stock price trajectory. This parallel in stock prices would have been a lot closer if not for Musk’s bid for Twitter at an inflated price in April 2022, and the subsequent court battles that led to him eventually completing the buyout.
Pinterest, like Twitter, may also start fielding takeover bids, hopefully at a chunky premium.
In October 2021, PayPal offered $45 billion for Pinterest, which would have been the costliest acquisition of social media company since Microsoft bough LinkedIn for $26 billion in 2016. The bid would have represented a premium of 24.5% over PINS share price the day before the announcement. However, PayPal reneged its bid shortly after offering it when investor sentiment proved to be against the deal, and PayPal tanked ~12.0% in the three days after revealing an offer had been made.
As of November 2022, the value of Pinterest has slipped to $16.5 billion and may be a more attractive prices for other suitors to come calling, especially if the value that PayPal’s board saw in Pinterest (and that Paypal’s investors overlooked) has been retained. Perhaps suggesting this is true was Pinterest's third-quarter earnings report in the final week of October 2022. Pinterest reported that its third-quarter revenue increased 8% year-over-year to $685 million. Pinterest shares have surged ~11% in the last five trading days.
What make this remarkable is when you compare it to other social media and tech stocks, particularly Facebook which is down ~29%, and Alphabet (which owns YouTube) which is down ~8% since they reported their respective earnings around the same time last week. The latter has even been rumoured to be exploring an acquisition of Pinterest after Alphabet's CEO Sundar Pichai gave a coy response to a question put to him in September about targets the company was considering for takeover.
11/18 Iron Condor Idea (4:1)11/18 Expiration.
$158:$42 risk:reward (3.8:1).
+1 $30 call
-1 $28 call
--{current share price: ~$24}--
-1 $20 put
+1 $18 put
PIN: Gains will be capped?!Pinterest
Intraday - We look to Sell at 25.99 (stop at 27.91)
We are trading within a Bullish Ascending Triangle formation. Neckline resistance 26.00. Resistance could prove difficult to breakdown. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower.
Our profit targets will be 21.38 and 20.00
Resistance: 26.00 / 38.00 / 50.00
Support: 21.00 / 16.00 / 10
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre
