Bearish patterns all around. A very beautiful zigzag already completed in a classical fashion (A=C). Despite literature, in our experience we do no see this type of arrangement commonest. Most correction in our opinion are really complex outright, thus we are expecting at least another zigzag, which it looks like started to paint itself out now. This implies that...
Gap to the upside as the ultimate price target, Bullish Missed pivot and technical trigger, time to buy 10 shares.
$PINS #PINS approaching 48 levels in next 1-2 sessions, it defended the #trendline quite well. We are heading towards 47.5 / 48.5 next #PlanYourTrades
After absolutely CRUSHING it on Pinterest last week, I have an updated chart overlook for this week. Just to recap, we entered long last week at $54 on the break of the downtrend. $PINS soared up to $66 on the news that PayPal was in talks to acquire them, and we have since secured profits. I believe that was only the beginning of the big picture, and we put in a...
Paypal is in talks with Pinterest about a possible takeover. The price per share is being discussed in the neighborhood of $70. It would be around $39 billion. Potential earnings, if you go in at this point, could be 11%. Watch closely, there could be pullbacks. You can exit the trade with a stop loss if it goes above the 61 ❤️ If you find this helpful and want...
Pinterest has been consolidating in a long drawn-out bull flag since February 2021. I believe we are nearing the end of this corrective phase and have developed a shorter term wedge indicated on the chart. I am looking for a break above that wedge aka the $54 level to go long. Targets above are $58 and $61. It's important to note we have quite a large unfilled...
SNIPER STRATEGY This magical strategy works like a clock on almost any charts Although I have to say it can’t predict pullbacks, so I do not suggest this strategy for leverage trading. It will not give you the whole wave like any other strategy out there but it will give you huge part of the wave. The best timeframe for this strategy is Daily, Weekly and Monthly...
Pinterest tracks monthly active users, or MAUs. If you open the app, go to the website, or even save a pin through a browser extension during a calendar month, then you're a MAU. This stands in contrast to other platforms like Snap's Snapchat that track daily active users, or DAUs. Obviously, it's easier to get a MAU than a DAU. As a whole, Pinterest's user base...
Hi, Pinterest is dropping into quite a bloody streets but we have quite a strong criteria of support which can lead the price into reversal. Do your own fundamental research, I'll give you a technical confirmation. Regards, Vaido
NYSE:PINS went through a bit of a sell off into and on their earnings day. The earnings day selling was drastic at open and that caused a window to open in the chart. We should close it before it gets crafty. Currently on the 8hr chart we closed just above support and on the 0.5 of the upper channel fib of the descending trend. Attempting to enter again at...
Hello traders and investors! Pinterest dropped sharply after earnings report, so, let’s talk about it. Is it time to panic-sell? Is it a bear market? Will PINS fail? Let’s see. This is the second time PINS does that to us, as in the previous earnings it also crashed. We lost many important support levels, including the $ 60.80. For now, all we can assume is...
Inside day today. Could possibly close gap to 73 before breaking out of larger triangle to test 87. Inverse h&s looks like it wants more completion of right shoulder. Either way very bullish setup
*Before reading the information in this please understand the risks associated with both the stock market and investing as a whole. ALWAYS do your own research; invest with conviction, rather than emotion.* *Please understand I am in no way a professional and offering investment advice, all ideas shared are simply opinion.* *I work with a team of individuals...
Pinterest analysis - we will see a pull back before reaching the +$80 zone
*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* My team has had eyes on popular online product and idea discovery platform...
Hi, First of all, as always, I would like to thank you all for answering your favorite five stocks. Only YOU can make this series happening as good as possible, cheers! It was the first of many, wasn't so popular as the altcoins series but still, pretty interesting stocks and interesting names on the top of the list. Looks like electricity still dominates the...
A member of my social media asked for a Technical Analysis of NYSE:PINS and the price action in that stock makes for a teachable moment in the current price action of BITFINEX:DOGEUSD . The key pattern to look for is the Double Top or break of the high! In this video I use NASDAQ:MSFT as an example of an instrument that breaks double top patterns to make new highs.