PINS trade ideas
Pinterest finally looking like it wants to breaklong at signaled points
First profit at 41 :)
complete stop at 32
PINS - Time to close the gap?Watchlist PINS - Watching for an entry to close the gap. Note the small increase in bearish volume, small short interest at 5.3%, getting close to oversold in the Stoch and the MACD crossdown. This will hopefully be a nice play if we see a solid entry with confirmation.
PINS to push back into ATH!Hi again it's me! PINS looked nicely pulled back for another upwards thrust penetrating into the ATH! Going long at 35.98 with a target of 37.95!
PINS - possible 9 wave structureCurrently in third wave of intermediate cycle. There is a possible ongoing third wave extension in the minor that may be creating a 9 wave structure. It is currently in a minor ABC correction and a break to the upside would target 29-32 as the most likely fib extension level of wave 1 of intermediate cycle.
$PINS Pinterest On Breakout Watch
Alert set for $37.30 for potential breakout from
2 week consolidation channel.
Fibonacci upside targets $39.67 & $41.11
Moving Averages crossed bullishly and rising in support.
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PINS entry under 24Positive earnings with a growth runway. The positive catalyst with lockdown and restrictions. With the side hustle culture picking up exponentially, Pinterest is a great platform to build an audience and sell products, especially for small businesses. Extremely low debt with good revenue growth. Long term Prospect.
TA(Entries marked)
1. Trendline support
2. RSI still relatively high and would wait for RSI<45 (indecision hammer might create that opportunity)
Short term target: 27.4
PINS: Possible breakout to $40 ?on the daily, PINS looks ready to trigger a new wave into the demand mode after consolidation - we look at a possible breakout to >$40 if PINS can breach thru the upper red resistance line -- the momentum (expressed by the UTO) and supply/demand volume (v.viewer) are lining up - with a backdrop of a slightly increasing positive sentiment.
would be great if this scenario pans out - there's always a possibility of turbulence.
we're still long PINS. will keep holding for now.
PINS BLUE SKYRevenue (YoY)
32.11%
Gross Profit Margin
68.36%
EBIT Margin
-34.93%
Net Income Margin
-32.87%
Total Cash (MRQ)
1.70B
Total Debt (MRQ)
151.28M
Total Debt to Equity (MRQ)
7.93%
Current Ratio (MRQ)
11.75
Quick Ratio (MRQ)
11.48
Somebody stuck a pin in PinterestAs the summer comes to an end does that mean a drop for crafty kind of sites? I notice Etsy is down too. I bought $32 puts for 9/4.
$PINS Double tops and overbought indicators correction to 26Current at 34.9 with possible correction by 20-25% to 26s levels and main trend line (blue) indicators signals clear for bearish trend . stoploss for this idea to break above ATH top at above 37 ..long for long term
PINS short triggerFirst: Do not short blindly. We must first wait for a trigger in order to short.
Our short trigger is a "close" below $34.63 on the 4 hour.
Once the 4 hour closes below, it indicates a lower low, in which I expect momentum to shift downwards to our first target (top green box).
When we hit target, look for bullish divergences on smaller timeframes. IMO this will indicate a reversal. If prices trades below the top green box, then I will expect price to trade down to bottom green box. Then look on lower timeframes for bullish divergences.
PINTEREST sell signals on D1.Pinterest, daily timeframe: Resistance zone + Side of Bollinger bands + Hanging Man + Overbought
Confirmed Pinterest breakoutPinterest (PINS) has confirmed breakout from all-time-high. Up 35%, Pinterest shows future value in spades. This is one of those stocks that you BUY, and NEVER LET GO OF.
I was lucky to buy a large amount at around $23-$24. I don't see why this stock would not go up significantly over the next 2-5 years. I would expect for it to be around $180 in a short timeframe (under 2 years).
A couple of categories that initially sparked my interest in this stock, was its SEO potential. I build websites outside of my trading life, and when studying SEO, in particular Social Media Marketing, I found that Pinterest drives in over double the traffic as Facebook, or any other Social Media platform does.
Pinterest also outperforms every other platform in conversion by a tremendous amount. In fact, 48% of Pinterest visitors are actually there to buy!! That is insane potential for advertisers, and now I am sure you can see the potential future value as this company continues to grow.
"At 48%, shopping is a top activity for Pinterest users, ranking just after viewing photos (57%). Sharing content, networking, and news all rank as lesser priorities.
This comes in stark contrast with other social media sites. For Facebook, shopping ranks as the 7th most popular activity at 14%. Same goes for Instagram, Snapchat, and Twitter, which all see lower shopping rates."
Revenue from Shopping Ads is increasing with huge gains. Between the first and second half of 2019, revenue from shopping ads went way up. Unsurprising, as revenue went up, the number of monthly active advertisers buying shopping ads went up, too. Up 125%, in fact.
91% of Pinners in the market for tech/telecom purchases decide to buy after seeing content on Pinterest. Pinners turn to Pinterest to help make spending decisions—including for tech and telecom purchases. Some 69% of users turn to Pinterest to help make these purchase decisions. After doing so, 91% are ready to buy.
Watch out for Pinterest breakoutLet's take a look at a relatively newer stock this week: Pinterest (PINS). It may not be profitable like Facebook at this point, but lets take a look at some fundamentals. Now the 3rd largest Social Media in the U.S., Pinterest grew its user base by 26% last year. Topping 1Billion revenue in 2019. Pinterest boasts a 48% conversion rate for ads, compared to 14% on Facebook. That means that people on Pinterest spend 48% of their time shopping. This is huge for companies, who are deciding who to target with their Ads revenue. For SEO, Pinterest is said to bring up to 7x the traffic as a Facebook Business page, or other social media pages to your business. While profit may struggle over next couple years, I do not see a problem for their current business model, and I believe this ($26.61) stock has some serious potential.
When looking at technical indicators, Pinterest is gunning for a recent high, $27.22. There should be some resistance at this area, and PINS is near the top of its channel. Keep an eye on volume, and if its strong it can make that push. This stock has some serious potential, but we have yet to see its future play out. I am going long on Pinterest this year.
Pinterest Decrease after massive spike from earnings release.avaerage price around $27. current price $35.
PINS SnapbackPINS has ran up after earnings into all time highs. It has become overextended after this run up going beyond the bollinger bands, created overbought signals. Now that is has reached all time highs, it will act as resistance. I expect a pullback to the $33 range.
PINS Long inside and above box.Huge weekly close after earnings. Long inside and above box or wait for pull back long entry at target below box.
