Now that Elon Musk’s buyout of Twitter has been completed, and the company has been taken off the trading market, what comparable stocks can traders look to trade now? Of course, there are other social media compatriots that traders could turn to, or even other companies of a similar market capitalisation that are in takeover talks and abiding by a similar...
Pinterest Short Term - We look to Buy at 18.86 (stop at 16.57) This stock has recently been in the news headlines with hedge fund Elliot Management reported to have taken 9% stake in the social media company. The bullish engulfing candle on the 4 hour chart the positive for sentiment. There is scope for mild selling at the open but losses should be limited....
Pinterest - Short Term - We look to Buy a break of 26.97 (stop at 25.27) Trading within the Channel formation. 26.50 continues to hold back the bulls. A break of bespoke resistance at 26.50, and the move higher is already underway. Although the anticipated move higher is corrective, it does offer ample risk/reward today. Our profit targets will be 31.53 and...
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...
Can play PINS both sides here depending on its reaction to the currently tested trendline (ascending dashed green line) Price predictions are based off of supply and demand zones as well as Fib extensions. Price movement (Blue and Red lines with arrows) isn't a a firm prediction but more of an indication of what important levels may be tested on both down and up-side.
*Just an idea* Took this play at close, saw a nice breakout of ascending triangle and support on 68.22 price level. Will see if we can test that in the morning so I can average down.
NYSE:PINS Rule of nature - what goes up must come down. combine that with rule of velocity - faster you go the harder the crash! Pinterest has exploded in less than 3 MONTHS (157 days) to an above 60$ price. if we set the chart on a weekly time frame all we see is one big green candle, but correction is a must. so let’s start with FUNDAMENTAL: - with earnings of...
My buy zone and target for Pinterest. I believe $pins is currently in a consolidation right now and i think it will make another move to the upside soon. (Not financial advice)
Here is an easy ta for Pinterest long: Pinterest is since March 18 in Corono Up-Trend. S1 shows a healthy way to life coming up and breaking through resistance at 24 $ mark. At 29 June buyers took control as you can see by hammer candlestick followed by rising volume. Next resistance is around 26 $ mark but I guess with that amount of volume should be no...
This is crazy but I want to try this. My winning probability is lower than 15%. I am going to risk no more than 0.25% of my account in this trade. No gambling. Maybe i should buy some OTM calls. PINS LONG SETUP: Entry: $19.53 Stop-loss: $18.04 ($1.49 per lot) Take-profit: $32.95 ($13.42 per lot) Risk: 0.25% Risk to reward: 1:9 Probability: Less than 15% ...