$PINS buyers broke above the wedge top and they did it with force. Hugely bullish bar closing on its high with very big volume to support the move. A lot of times there are inside pullbacks to retest the wedge before continuing so this area and back are of interest for buyers to press back up to larger structure targets.
Watchlist PINS - Watching for an entry to close the gap. Note the small increase in bearish volume, small short interest at 5.3%, getting close to oversold in the Stoch and the MACD crossdown. This will hopefully be a nice play if we see a solid entry with confirmation.
on the daily, PINS looks ready to trigger a new wave into the demand mode after consolidation - we look at a possible breakout to >$40 if PINS can breach thru the upper red resistance line -- the momentum (expressed by the UTO) and supply/demand volume (v.viewer) are lining up - with a backdrop of a slightly increasing positive sentiment. would be great if this...
Pinterest, daily timeframe: Resistance zone + Side of Bollinger bands + Hanging Man + Overbought
Pinterest (PINS) has confirmed breakout from all-time-high. Up 35%, Pinterest shows future value in spades. This is one of those stocks that you BUY, and NEVER LET GO OF. I was lucky to buy a large amount at around $23-$24. I don't see why this stock would not go up significantly over the next 2-5 years. I would expect for it to be around $180 in a short...
Let's take a look at a relatively newer stock this week: Pinterest (PINS). It may not be profitable like Facebook at this point, but lets take a look at some fundamentals. Now the 3rd largest Social Media in the U.S., Pinterest grew its user base by 26% last year. Topping 1Billion revenue in 2019. Pinterest boasts a 48% conversion rate for ads, compared to...
Hi, 3 months trading, still a noob. Shorted Pinterest around 32. - Nice double top forming on the weekly. - Hanging man on the daily - Severly overbought - Huge gap to 28, allings nicely with recent support as well as Fib .0382 - Could sink even lower to 25 if history repeats itself though i think fundaments have impoved Thinks we'll see a bounce, herp Look...
$PINS sitting in a bit of a bearish divergences when comparing the trend of the chart to the trend of the RSI as well as trend of the volume to the trend of the RSI. Watch for a cross over 25.43. Support is around 24.06 and after that 22.59. Today’s candle may be green, but it looks a bit like a shooting star/inverted hammer
There is no clear sign that this formation can take place but taking into consideration a major correction coming up in the near term for markets in combination with some gaps that have to be filled i expect pins to form inverse H&S. Interestingly when pins announced the latest result the stock crashed back to $15. There are plentiful stock to be sold from the...
GBPCHF Short - Pins off 200 ema giving clear easy entry with no draw down - Entry at top off 4th 5th 6th or 7th pin - RSI bolinger breakout hook back in entry along with RSI (green) Signal line (red) cross entry - Exit TP @ RSI bolinger breakout hook back in. - TP 2 non...
$PINS Breaking Resistance - Target $30.00 by mid July Note: Not investment advice.
Pinterest. Shopify's integration is game changing in my opinion. One of the most important metrics in marketing is "intent to buy"... Pinterest has the highest shopping intent among all major social media companies. In 2018 48% of Pinterest users used the platform with the intent to buy, while Facebook was 14%, Instagram 10%, Snapchat 4%, and Twitter 7%. Shopify...