$PINS - Watch the resistance area (24.5 is the support)Not for any advise, Just an Idea.by Samuel12_19807
PINS for 13/17Possibly short term short but the overall trad is bullish so I won't try to fight thatby TradeBroInc0
PINS 30/06/20 LongAsset and Time frame -1D,4H,1H Entry Price - 21.5689 Exit(Stop Loss) - 20.02 Exit(Take Profit) -27.00 Technical Analysis -PINS is on its way for the 3rd wave of Elliot, price action made a hammer-like pattern, price reacted to a confirmed trend line and the 0.00 Fibonacci level after reaching the -27.2, also the daily 200SMA is being used as support, RRR is 3.1 What can be improved - Conclusion & End of Trade -Longby AviranyUpdated 5
End of a good streak for $PINS?$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 hammerShortby Trendcost331
Pinterest longHere 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 problem. Indicators: BB= Close to upper band, oversold, no signal 200 day SMA= moves above, buying signal 50 day SMA= moves above, buying signal MACD= Crossing, tendency up (up-trend), buying signal RSI 14= Crossing at 50, buying signal Volume= Is rising, buying signal Candlesticks: Hammer=Confirmed up-trend after that For maximal risk/reward ratio I would recommand you an option play: 1. Buy Call 28 Sept or/and 2. Sell Put 20 Sept So going long covered or naked. Good luck for your trading :) Longby Hornetcharts5
A Scenario for Inverse H&S for PINS 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 owners and the stock is following the market move and sentiment 100%. Waiting to build a position for the long term here.by Philoslother2
Bullish Charts - Golden Cross, Facebook Shuts Down HobbiPinterest, Inc. provides visual discovery engine in the United States and internationally. The company's engine allows people to find inspiration for their lives, including recipes, home and style ideas, travel destinations, and others. It shows them visual recommendations based on people personal taste and interests. The company was formerly known as Cold Brew Labs Inc. and changed its name to Pinterest, Inc. in April 2012. Pinterest, Inc. was founded in 2008 and is headquartered in San Francisco, California. On 07/01/20, news hit the wires that said Facebook confirmed it was shutting down its rival website / app Hobbi leaving Pinterest with great potential & almost no competition. With Short Sellers controlling around 5.54% of the stock, and the news that Facebook is shutting down its rival app, I think this stock could easily run and possibly double in price. Daily Chart is Bullish The 50-Day MA just crossed up above the 200-Day MA Volume, MACD, RSI, Stochastic and Accumulation are all Bullish The Cloud is Bullish - Indicators listed below. 12-Jun-20 20.89 Bullish Chikou Span Cross Strong 29-May-20 20.29 Bullish Tenkan/Kijun Cross Strong 26-May-20 19.50 Bullish Kijun Sen Cross Strong 26-May-20 19.50 Bullish Kumo Breakout 27-Apr-20 20.78 Bullish Senkou Span Cross Strong PINS could be the only play in town for what it has and does. Long! DISCLAIMER The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Longby HotCharts6
$PINS Pinterest Upside Targets PINS has been in the shadows of FB & SNAP during the rally , not attracting attention which has been to its advantage, its is now setting up quite bullish after making a break above the long term trend-line. Possible upside targets $25.25 Historical Pivot Point $27.00 Fibonacci Golden pocket RSI is in reversal and plenty of upside potential. Always speculation around the stock PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU. Longby Bullishcharts49
$PINS Pinterest $27 price target Nice channel developed as indicators are also in bullish trend Upgrade today may have brought some attention back to the stock as it outperformed SNAP & TWTR Longby RedHotStocks9
PINS Reversal Doji/w BouncePins just bounced off of its uptrending support line, while also forming a bullish Doji. This shows signs of a good reversal w/ $24 as a target.Longby BBTrader296
PINS ABOUT TO POP!20 MA is about to cross the GOLDEN 200 MA. This could start a long uptrend for NYSE:PINSLongby Romans8Updated 9
$PINS Breaking Resistance - Target $30.00$PINS Breaking Resistance - Target $30.00 by mid July Note: Not investment advice.Longby Triple_Barrel_Capital11
Symmetrical TriangleBreakout: 20.43 so it has Broke the tangle for a long! Stop: 16 to 19 depending on risk tolerance Target: 30Longby lauralea5
Long Pinterest Short term TP @ $27-$28 Long term TP @ $50-60As a long term Investor in Pinterest I am excited for the future. With global e commerce growth and e retail shopping growth i see this stock going to $50 and up in the next 2 years if the current trends stick. I view this platform incredibly catered towards accommodating business e commerce demand and expanding into even bigger revenue streams that Instagram e.g. personal shopping as mentioned by the company in previous outlooks for the future. This company is to be watched closely ! Partnerships with tech and retail giants are likely! In the short my thesis is that it will go to $27-$28 in consideration of economies continuing the openings of public spaces , retail which will give more strength to consumer focused stocks like this. Because of the high reward ratio seen in stocks lately , I believe the trend will continue moving forward. This stock has my stamp of approval ! This is not financial Advice please consider own DD and RM. Thanks very much for viewing ! Longby UnknownUnicorn502659012
Long Pinterest Short term TP @ $27-$28 As a long term Pinterest believer I am excited for the future of this company. Expansion is on the horizon and there is so much that management can do with Pinterest moving forward. Just like Instagram this is a tool for businesses to sell products. With current e commerce trends this could turn into a $50 stock in the next 2 years if the growth in online retail moves forwards at the pace that we are seeing it now. Short term thesis that i have for the stock is that it will reach $27-$28 a share in the next few weeks in the case that global economy opening goes as planned ! Fingers crossed ! Thanks for viewing ! This is not financial Advice , please consider own DD and RM :) Longby UnknownUnicorn5026590228
PINS close to fallPINS close to fall, MACD has not been reliable in recent periods, now we have a descending triangle accompanied by an RSI giving an overbought signalShortby PICHI-METAL5
One of the most underestimated social media stocks is..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 changes this to something actionable. (blog.hootsuite.com). **Key thing for me is the chart, not the story.** Longby LanmarUpdated 10
PINSPossible HS pattern as well as flag pattern. Conservative entry would be at break out of the channel. Aggressive entry would be break out of the flag. Entry: @ Breakout SL: $18.10 TP1: $22 TP2: TBD Longby workforpip17Updated 5
PINS Testing 200/dayTomorrow will see how it reacts, gaps up through, think we are on the way to $27, otherwise back down and test again later.Longby eugene716