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Fox_Technicals
Mar 13, 2024 8:02 PM

$PINS: A Short At 35? Short

Pinterest, Inc.NYSE

Description

Pinterest is showing a reasonable amount of relative weakness and we believe when the market finally tops this may be an opportune short. We will see if broader growth stocks face some headwinds here with the market in a potentially overbought state.

Comment

Probably a good time to get out for around breakeven. Growth still seems positioned for a push
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