Get started
PINTEREST INCPINTEREST INCPINTEREST INC

PINTEREST INC

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals

PINS trade ideas

PINS, short-mid term bearishPinterest One of the most favoured social media apps overtook Twitter and SNAPS recently had an explosive move upwards. However, for the past 3-4 months, price seems to be getting ready for a distribution phase that disguise into potential head and shoulder topping pattern. If and only if price breaks below neckline, the target price by project could be around 42.4. As you know nothing is going to be absolute and always give some buffer for price to dip lower, a zone of 35 - 42.4 will be a massive accumulation zone in my opinion. Will it ever get that low? No one knows. But let time be the litmus test. Kindly do your own D.D. Cheers J
NYSE:PINSShort
by jangseohee
1
Pinterest And Social Commerce: A Match Made In HeavenFollowing points are a collection of crucial insights about $PINS from several analysts from Seeking Alpha: - Pinterest continues to outperform expectations as investments in monetizing users pay off. - Pinterest could benefit from ad spend shifting from Facebook and Twitter as advertisers seek brand safety. - PINS represents a mesh of Facebook , Google , and Amazon all in one . Combing search, social, and commerce together creates what (could be) the greatest value propositions in all of advertising. - The Shopify partnership could be a game changer, granting PINS access to the largest and most important demographic of advertisers: small businesses. Reiterating Buy rating, raising PT from $97 to $99. PINS is my 2021 Top Pick. Price Targets Piper Sandler: $85 Pivotal Research: $107.50 Stifel: $85 Target Price: $90+
NYSE:PINSLong
by UnknownUnicorn14656390
1
Look out belowIPO'd at $23.75 just under 2 years go. Since then, we fell to $10.10 and rose as high as $89.90. What a time. This week, we broke our COVID uptrend as these high flyers have fallen out of favor. I live PINS for the LT, however I don't see a good entry point for a while... We've really never had weekly consolidation since COVID, and certainly haven't had any monthly (most stocks had a much bigger correction in September 2020, but not PINS). So, what does this mean? We don't really have a base to reference for a bottom, so what can we do: - Look at FIBs: $59, $50, or $40 are best options - Look at pre-COIVD values: $37 high and $27 high immediately before COVID - Look at the IPO price: $23.75 - Look at revenue multiples: FY 2018 of $0.76B/$23.75 = 31.25x. Let's multiply this by the FY 2020 revenue of $1.69B = $52.82. Unfortunately fundamentals don't matter, and 31.25x is egregiously high, so this is unlikely IMO. I don't know where it'll bottom, but it will, and it's going to be ugly. Conservatively, I'd be happy to buy around $30/share, maybe* $40/share. I love the fundamentals: $12+ ARPU in US and <$0.5 ARPU abroad with 80% of it's 450 million users abroad. It will shift to maturity and towards profit generation soon... that's the upswing I want to ride.
NYSE:PINSShort
by HandsomeSloth
2
PINS, RSI Indicator left the overbought zone on Feb 11, 2021This is a signal that PINS's price could be shifting from an uptrend to a downtrend. Traders may consider selling the stock or exploring put options. A.I.dvisor looked back and found 26 similar cases where PINS's RSI Indicator left the overbought zone, and in 22 of them led to a successful outcome. Odds of Success: 85%. Current price $86.05 is above $72.34 the highest support line found by A.I. Throughout the month of 01/11/21 - 02/11/21, the price experienced a +21% Uptrend. During the week of 02/04/21 - 02/11/21, the stock enjoyed a +12% Uptrend growth. Bearish Trend Analysis The RSI Indicator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon. The Stochastic Indicator demonstrated that the ticker has stayed in the overbought zone for 6 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected. Following a 3-day decline, the stock is projected to fall further. Considering past instances where PINS declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 76%. PINS broke above its upper Bollinger Band on February 05, 2021. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
NYSE:PINSShort
by AlTorress