Pinterest Long BuyLooking for a retest of previous resistance at 28 for an entry with a target of 37. Risking a weekly close below 26. This give over a 5:1 R/R.Longby jtboesen20221
Long interest in PinterestTrading Idea: Buy Pinterest Stock for Short-Term Gain In the past month, Pinterest's stock price has increased by 14.55%, making it an attractive option for short-term investors with a somewhat high risk tolerance. The trading idea is to buy Pinterest stock (PINS) based on the provided facts. Pinterest, Inc. has reported a total of $1.12 billion in short-term investments, indicating a strong financial position. Additionally, the company has a gross profit ratio of 77.59%, which measures how efficiently and effectively a company performs by dividing its gross profit by its total net sales. A high gross profit ratio suggests that Pinterest is performing well. Furthermore, Pinterest has a low net debt of $-1 billion this quarter, indicating that the company has a solid financial foundation. Net debt is calculated by subtracting a company's total cash and cash equivalents from its total debt. A low net debt indicates that Pinterest has more assets than liabilities. In terms of net income ratio, Pinterest is currently at 0.882%, which is a positive sign for investors. The net income ratio measures the profitability of a company by dividing its net income by its total net sales. A high net income ratio suggests that Pinterest is generating significant profits. Overall, this trading idea fits a short investment horizon and a somewhat high risk tolerance. By investing in Pinterest stock, investors can take advantage of the company's strong financial position, solid gross profit ratio, low net debt, and positive net income ratio. Technical Outlook Pinterest bulls are focused on pushing the stock past a key resistance level at $29.22 as their next upside milestone, as long as they maintain their dominance. The bulls have been in control as indicated by the Commodity Channel Index (CCI) indicator, which is currently above +100, signifying that the market price is unusually high. In today's trading session, Pinterest continued its upward trend, gaining a further 0.72% and reaching a stock price of $30.94. This marks the seventh consecutive day of gains for the stock. Over the past five days, Pinterest's share price has appreciated by around 25.34%, outperforming the Nasdaq by a significant margin of 790.4% so far this year. The company has a market capitalization of $20.86 billion. On Friday, the stock saw 12.93 million shares traded, slightly below the multi-day average of 13.53 million. In technical analysis, Pinterest is currently rated as "Neutral" during this positive session, gaining 22 cents, or 0.72%. The CCI indicator, showing the market price is unusually high, supports the bullish sentiment. Other notable movements in the market include a 1.39% increase in Alphabet, with a closing price of $130.37, a 1.6% increase in Comcast, and a 1.8% increase in Netflix on Friday.Longby NomolosAIUpdated 4
It's PINS time😉Breakthrough level of resistance and long shuffling. Entry in the Resistance Breach, Goal 50$ Not a recommendation of course, my opinion only!Longby maor_yeh1
Pinterest's Price Momentum (NYSE: PINS)Shares of visual search and idea platform Pinterest (PINS -1.17%) skyrocketed on hours ago, following the company's third-quarter earnings report. While its stronger-than-expected third-quarter results and robust fourth-quarter revenue guidance were obviously key to the tech stock's big move higher, there was likely more behind the move than the details provided in the earnings release. For instance, investors may want to listen to Pinterest's earnings call to see if there was even more bullish information shared by management during the call. The call was packed with useful information for investors -- and some good reasons to be bullish. Here are the two must-see takeaways from the call. 1. The advertising market is stabilizing During times of uncertainty, investors look for management to provide clues that the macroeconomic environment isn't deteriorating. From Pinterest's view, it isn't. Indeed, advertiser demand seems to be stabilizing. One way this is showing up is the trend the company is seeing in its average price of ads. Though ad prices on its platform were down 12% year over year, this was a huge improvement from 20% year-over-year declines in pricing last quarter. Management said this was driven by a combination of "industrywide demand stabilization" and the company's artificial intelligence-driven efficiencies gained across its ad stack during the quarter. 2. AI is becoming integral to Pinterest's business One of the most repeated keywords during the call was artificial intelligence (AI). "We continue to use AI to improve the relevance and personalization of our content recommendations and satisfy user intent on our platform through improved shopping experiences," said Ready. In one example of how Pinterest is using AI, it's pairing it with large language models "to more precisely link product metadata to user queries to show ads that are visually and contextually relevant," Ready said. Doing this "drove meaningful improvements across cost per click and cost per action and better ads relevance." With Ready calling AI a "great source of strength" for the company, investors should expect Pinterest to continue investing in it. Fortunately, it looks like it's already additive to the company's business performance; so shareholders are in the fortunate position of being able to see results from these investments quickly. Pinterest's momentum in AI, a stabilization in advertiser demand, and its improving differentiation as a place for a unique and seamless shopping experience position the company well for a potentially solid fourth quarter and a strong 2024. With momentum like this, Pinterest's top-line growth could continue accelerating. No wonder shares surged higher this week. Longby DEXWireNews1
Head and shoulders Be careful with a halead and shoulders for the chart on pins. I did play the earnings $25 call exp 11/03, but I am holding because of support from the monthly candle but I am expecting a down turn anywhere from $32-$35. Shortby Sammy2u_0
PINS | SHORT | Earning day 10-30-2023NYSE:PINS If NASDAQ:META and NASDAQ:GOOGL report issues with advertising revenue, investors and traders might anticipate similar problems for $PINS. The option flow is bullish as hell, but I'm bearish. *I have no position* Shortby shkspr0
PINS Pinterest Options Ahead of EarningsIf you haven`t sold PINS, which reached its Price Target here: Then analyzing the options chain and the chart patterns of PINS Pinterest prior to the earnings report this week, I would consider purchasing the 25usd strike price in the money Puts with an expiration date of 2023-11-17, for a premium of approximately $1.96. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward to read your opinion about it. Shortby TopgOptions1
PINS: Will it come back to test the channel bottom?Pins broke out above the down trendline from July and failed immediately. The current support at $25.7 area needs to hold in the coming weeks to keep the recent uptrend alive. If that area breaks, then bottom of the channel retest will be the most probable move. As long as $ 20.60 doesn't break, the higher timeframe uptrend will still stay intact. Indicators are slightly bearish to neutral. RSI needs to hold 44 to prevent a complete collapse. MACD is neutral. DI is on bearish posture, but ADI is weakening, so not expecting a full meltdown at this point. EW perspective, a leading diagonal is still in progress as long as wave 4 holds. Even price comes back to test the channel, I will add some to my holdings, with stop loss below wave 4 low. by mukit1Updated 0
📊 Stock Scoop: PINS Analysis! 📈📉 | Testing Resistance at $28 The PINS stock is on track to test the next resistance at $28. If it's breached, the stock's target extends to $33. However, caution is advised: if the price drops below $25, the stock could revisit the $20 level once again. In the long term, the stock maintains a bearish trend, unless it holds above $33. 📈📉 #PINSStockAnalysis #MarketInsightsby obviousHare201751
PINS: Rocky road for a while, but making progressPinterest is doing a lot of good things. The turnaround story is motion at the moment and the price action has been choppy for a while. In the next few weeks, I would expect price to make a turnaround and move upwards to complete the leading diagonal pattern. I have changed my wave count since the last post since the price action does not look like the pattern has completed yet. I have expanded the diagonal count to fit the price action better. It is important that price exceeds $37.2, preferably above $37.7 to confirm an expanding leading diagonal. After that, at the end of this year, should expect a sharp move down for any wave 2 following a leading diagonal pattern to give us the perfect entry point. I would expect many good things in the upcoming years and could turn out to be the hidden gem among the rocks when the big overall market downturn hits. Options strategies have been very good this year with selling verticals. Planning on selling some put options soon and look for long put above $37 if things play out as expected. Longby mukit12
Jade Lizard trade for a 5/5 Expiration (30 DTE)$PINS 'JADE LIZARD' One neutral/ bullish 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 is 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 calls 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 okay 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. --If the share price is $31 or higher on 5/5, the total profit will be $22. --If the share price is between $25 and $30 on 5/5 the total profit will be $122 (the original credit). --If the share price is $25 or lower, the short put will be assigned and the next step will be to sell calls. $31 Call 5/5 buy $30 Call 5/5 sell ---- $25 Put 5/5 sell Filled order credit $122. Collateral $2,500 for short put.by zach6667Updated 2
PINTEREST bullish continuation from here to expect Hi viewers, PINS price break first zone, in last periods strong bullish push we are have, currently here now new bullish push expecting TP1: 29 TP2: 32Longby DepaTradingUpdated 4
Is Pinterest awaiting a higher correction?Pinterest - 30d expiry - We look to Sell at 28.88 (stop at 30.28) In our opinion this stock is overvalued. We are trading at overbought extremes. Bearish divergence can be seen on the daily chart (the chart makes a higher high while the oscillator makes a lower high), often a signal of exhausted bullish momentum, or at least a correction lower. A higher correction is expected. 29.27 has been pivotal. 29 continues to hold back the bears. Preferred trade is to sell into rallies. Our profit targets will be 25.58 and 25.08 Resistance: 27.70 / 28.35 / 29.27 Support: 26.97 / 26.00 / 25.50 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.Shortby VantageMarkets1
📉 PINS Market Analysis: Is a Correction on the Horizon? 🔄As mentioned in our previous analyses, the stock reached a price of $28 this week. Following this increase, a correction is necessary before continuing the bullish path of the stock. The price could potentially descend to $25. For the upcoming week, the price NYSE:PINS is expected to range between $25 and $29. A breakout above this range could drive the stock towards $35, while a breakout below suggests a bearish trend is forming.by obviousHare201752
PINS: to wave B or not to wave B? That is the question...Pins has gotten a bid or two in the past month and looking very different than the year long consolidation. From the flash crash of May, price has come up to fill the gap with a 5 wave pattern. After a tiny dip last week, price is moving again. This uptrend is getting a bit heated on RSI with negative divergence on both 12 hr and 1d timeframes. So, it is still possible that price is still on correction mode and will hit some resistance on $27 area. At that point it will be very interesting to see if price pushes above $30 or breaks down again to complete the C wave of 2. If price pushes above $30, then chance is greater for a bigger move to the upside, possibly towards the ATH area. If there is a breakdown below, then $16 level for last low must hold. Longby mukit10
Analysis of PINS stock for the week of June 5th to June 9th: During this week, the performance of NYSE:PINS stock should be carefully observed. The stock is currently facing a key resistance level at $24.60. If PIN manages to break above this resistance, it would indicate a potential bullish signal. In such a scenario, the stock could enter an upward trend towards the next target level at $28. However, if NYSE:PINS fails to overcome the resistance at $24.60, it may continue its existing bearish trend. In this case, the stock could potentially retest the support levels at $22 and $21. It is important to consider other factors such as market conditions, news events, and the overall sentiment surrounding the stock. Monitoring these variables can help in making informed decisions about PIN stock during this particular week. Please note that stock market movements are subject to various uncertainties and can be influenced by numerous factors, including economic indicators, company performance, and market sentiment. It is always advisable to conduct thorough research and seek professional advice before making any investment decisions.by obviousHare201752
PINS: Looking for another leg of correctionPINS price action has been very choppy and strange, but the latest sharp pullback suggests it is a wave 2 correction following a leading diagonal wave 1. If that is correct, then price should have a 3 move up and followed by another 5 waves down. Price cannot make a lower low than $16.14. Fundamentally, the company is doing OK. There have been good progress made on overall business model and institutional interest has been growing. The fallout from the last earnings meeting might be too extreme and stock will bounce back and test the lows, maybe close some gaps before making the move towards the upside. Let's see how things go.by mukit11
May Gainers (PINS, account up 0.75%)5th trade in May is NYSE:PINS . Holding period is 3 days (5/15/23 - 5/18/23). Account is up 0.75%. Total return in May is 2.08%.by 1hour_trading0
PINS Pinterest Options Ahead of EarningsIf you haven`t sold PINS here: Then analyzing the options chain of PINS Pinterest prior to the earnings report this week, I would consider purchasing the 25usd strike price Puts with an expiration date of 2023-9-15 for a premium of approximately $2.17. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. I am interested to hear your thoughts on this strategy. Shortby TopgOptionsUpdated 225
Watchlist 2023-05-01 $SPY $JPM $NCLH $SOFI $PINS $APLSAMEX:SPY - well after and week of ranging between 415 to 410, early last week we broke down to 406. However, it only took 2 days to reverse 8 days of those losses and are now trading right back at 415. This morning to continue higher a heathy pullback to 412 would add fuel to this bull fire. While a look above 415 and a quick rejection down would give signs for and early , and potentially more aggressive more down. But anything is possible. Investors are awaiting the FED decision on interest rates on Wednesday. NYSE:JPM - regulatory authorities confirmed that First Republic Bank has been seized and that JPMorgan Chase & Co has agreed to purchase most of the bank's assets. Investors are liking this news as JPM jumps 2 ATRs in the PM into the 144 range resistance. If there is consolidation here for a few min on the only this is a 10/10 level to buy a BO. The market previously acted very favorably when UBS bought the troubled Credit Suisse for pennies on the dollar and it looks like JPM is only getting a massive discount on this deal. JPM is only setting up with a beautiful daily buy setup which makes the BO more powerful. The only downside is the lack of PM vol which could be misleading due to the april 14 when it had 6 PM vol For further confirmation of a trend day, watch for: USI:ADD pinned near +\-2000 USI:VOLD ratio over +/- 3 USI:TICK cumulating past 0 wicking to +/-900 NYSE:PINS - fell on lower earnings on Friday's session. Trading 5 RVOL this PM. Had multiple price target adjustments 1 dollar lower but the vast majority of the targets are a few dollars higher than the current price. Trading 5 RVOL in the PM session. Making a tight range at 23, which is also the 3 month pivot. If pins can trade above the pivot of 23, and can get past the 23.25 PM resistance form Friday. I think we could see 24, and potentially 25. NASDAQ:SOFI - Q1 Loss Narrows, Net Revenue Rises; 2023 Adjusted Net Revenue Guidance Raised. 6.30 was the tough level to get past on Friday so there is plenty of demand there. If we get a sell off early on , looking to buy this level. However, if we range off the open, and put in a clear inflection, I would also buy a Break above inflection, I could see a level forming at 6.45 as that's the 200 EMA. NYSE:NCLH - buy over 13.75 if there is consolidation at that level first. Don't want to be firs to this trade. NASDAQ:ALPS - under 78 sell. by UnclePennybagss0
PINS | Informative NYSE:PINS Pinterest dropped by 15% after its recent earnings report, despite exceeding expectations. Based on my analysis, I anticipate further decline as the stock closed below the weekly trendline from August 2022. The next support level is estimated to be in the range of 18$ to 19$. While there is potential for the stock to fill the gap left after the earnings drop.by shkspr0
$PINS - Long Trade Idea$PINS Sympathy play off $META As long this is trading above the horizontal level, I am targeting $45 as an initial target. Longby TradeAlchemyUpdated 3
Another unlosable position on PINS Selling the regular April $29 covered call. Using the premium to buy a 25.50 April put. This creates an unlosable position into April. My DCA is 23.95 ish. On 4000 shares I get paid $1,200 for this trade. And either WIN or WIN :-) SWEET.Longby Reallifetrading1