Augury

PINS short idea

Short
NYSE:PINS   Pinterest, Inc
$PINS hot IPO with first red day yesterday. SSR pop this morning likely shook out immature shorts. Previous days VWAP $32.40s, that's the measure or heaviness, most traders not feeling that yet. Thinking $28s possible, if they begin to feel pain. Using $33 as stop, thinking decent risk/reward here. Ideally under $32 may begin to worry FOMO chasers and offer chance to roll red on the day. Just sharing idea, as always patience and discipline see important.

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what price are you planning to cover at?
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Augury ARCHIDUKE
@ARCHIDUKE, Covered, thanks for following me. You can find more of my trades on Instagram @robinhoodgrowth if you dont already follow me
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