Strong up trend since march, and following strong earnings.
Finally broke through $8 resistance, but retreated back and should test the uptrend at $7.60.
Look for bounce off of trend line and if breaks $8 resistance again, follow it up to next, larger, resistance at $8.52.
RSI is curled up at 45, bullish sentiment.
MACD is in bearish confirmation, but MACD...
Failed the bullish ascending triangle, now looking to catch support at $12.04 and hopefully bounce to break through resistance at $12.35 and head on its way to new highs, once again.
If the support fails, look to fall to $11.26 and if that fails, it’s a free fall to under $10.
RSI neutral
Watch for the bounce off of the steeper trend line at 29.67 where the bullish candle will continue up.
If that fails, watch for break through of the support at 29.53, where hopefully it’ll catch itself along the main trend.
If that fails, next major support is 27.71, where it’ll test if it can close that gap and continues back up.
RSI is showing neutral. No...
Pinterest has been on a wild uptrend since it’s IPO.
It holds the uptrend since IPO and has not broken.
Has started a second leg of the up trend at $26.63 and has been steep uphill ever since. Given the RSI overbought territory it is hovering near, I would a expect a moderate pull back to the original trend at $27.99 and the continue on upwards from there. ...
