Neckline break in PINSClassic double top & neckline break. The downside could be equal to the height above the neckline. So, this thing could slid to $45Shortby niranjanagnihotriPublished 0
Pinterest to $72I think Pinterest has found the bottom. -Sitting on major support, 200MA 1D.Longby BaconProfitsPublished 0
Strong support area and round numberThe stock PINS declined over the days and finally came to the biggest support area which holds now EMA200 and SMA200. Both indicators are almost at the same place at the price $60. Stock holds $60 as its strong support area with EMA200 and SMA200. Keep an eye on if it holds then it can bounce back until $70 or $80. I'm going to open a long position to this stock with good risk/reward ratio!Longby SuxxxPublished 5
Pins Low risk Butterfly pattern See chart for 1.272 extension, stop below 1.414 ext. Targeting 382, 618 , 1 of pattern Longby HiddenharmonicstradingUpdated 5514
Pins multiple trade ideas 65 has held (until today) first trade is a gap fill and the second a fib retrace with a higher R/RLongby KraftyLeftyPublished 0
Long position on PinterestWell tested resistance met currently after earnings, I expect at least a short term recovery up to around the 50MA area of value at around $75 so this would be a good entry trigger. Longby Big_Bill_AdamaPublished 0
$PINS Upside PotentialHit support and trying to bounce back. We could easily see $74 again soon. Good Luck!Longby Investor4321Published 2
$PINS @ Hidden Harmonics Trading PINS we shorted 86-88 we flip it long at 59-62 stop below 54Longby HiddenharmonicstradingPublished 13
PINS 15% upside potential! Pinterest had a big sell off last week, falling over 7% in a day. This sell off was a result on analyst at Cleveland Research giving it some bad news expecting retail spending to decelerate. This sell off was an overreaction in my opinion, and nothing that should take away from Pinterest in the long term. Pinterest has been killing the social media game, greatly benefiting from Covid and the lockdown. They added tons of new members to their platform (124 million users in 2020 and 17 million just in the last quarter) and are slowly moving into the e-commerce game. Something spectacular about Pinterest is how they integrate ads into users feeds. Not only are the ads targeted, but they appear on your feed like a normal pin would and don't disrupt the users experience when using the app. Some more fundamentals to point out: -48% of American social media users regularly use Pinterest to find and shop for products, according to Cowen & Company, compared to just 10% on Facebook's Instagram and 4% on Snap's (NYSE:SNAP) Snapchat. -Pinterest is expanding its e-commerce features with shoppable pins, a partnership with Shopify (NYSE:SHOP), shoppable trends, and camera-based searches with its new Lens feature -Pinterest's revenue rose 48% to $1.69 billion in 2020, even as the pandemic temporarily throttled its ad growth in the first half of the year. -Analyst expecting a positive Earnings on Tuesday after hours. Technicals: -MACD cross on the 3hr and momentum is shifting to upside -3 white soldiers pattern on the 1 hour chart -The stock was oversold and in a good buy zone. Although it could go either way this next week depending on the upcoming earnings, I think PINS has the ability to see a 15% gain in the near term future. What do you guys think about PINS? Leave a comment below! Longby LilbuddadudePublished 554
Iron Condor - PINSI love when I see high IV rank, higher the better for me. I always sell my option to collect credit and collect theta as well. Short the 90 strike and brought the 95 strike Calls. Short the 65 strike and brought the 60 strike puts 02:09by MustafaOzak23Published 114
PINS Comming into buy zonePINS has sold off hard following the bearish harmonic completion. All three targets on that trade have been hit. Its now coming into a buy zone so I will be looking to start adding back to my long position in the 70/72 zone.Longby WadeYendallUpdated 2212
PINS Bearish Harmonic nears completionPINS has come into significant resistance as this bearish harmonic completes. Trimming positions or hedging a pullback would be prudent coming in to this zone. Entering a new position right now is not recommended as cheaper prices in the coming days are likely. The pattern is invalidated with a daily close above 90. Shortby WadeYendallUpdated 131314
PINS SnapbackPINS is on its 5 consecutive run up day. It has met resistance at the 85.50 level, while at the same time being over extended on bollinger band and overbought on stochastics. I wasn't able to post this at time of entry but got 85.3 price, expecting a 2-3 day pullback to average true range where it will meet back up with its moving averages around the 79 area.Shortby BBTrader29Published 552
How long it will last? I think 88!Pin broke triangle formation, what should be the profit target for this move? --------------- THIS IS NOT A FINANCIAL ADVICE!Longby mildRice38006Published 2
PINS $80 Calls exp 4/16Entry around $77.00 TP: 80.00 SL: 75.50 Confirmation: Just crossed above the 50 MA. Broke resistance. MACD and RSI looking healthyLongby tis844Published 445