AdamHong

Pinterest: Buy at Pullback

Long
AdamHong Updated   
NYSE:PINS   Pinterest, Inc.
Pinterest had a sharp drop from 36 and stop at 27 where a good demand zone locates.
Meanwhile it began to rally from this zone, which manifests this zone is true and effective.
So if the price enters this zone again, then we can still buy.
Entry: 27.1-28.0
SL: Below 27.0
TP1: 31
TP2: 33 and further more
Order cancelled:
A big bearish candle broke out the PRZ, which is invalid now.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.