DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and...
As we can see, pinterest is in a bullflag wedge pattern. Breakout will determine direction.
MACD also looks like it is going to have a bullish crossover. DMI has bullish momentum.
Use a stoploss please!
Here's my PINS chart, I tried to label everything, but if you're bearish, you're looking at $22 post earnings, if you're bullish you're probably looking at $29-$32, if it does manage to push $37, it's going to be quick in the AH and you won't have time to sell calls the next day.
Personally, after seeing FB/META along with Elon's recent tweet about ad revenue...
Blue Sapphire likes Pins.
Can Pinterest get back to $60 by EOY'25? Current Cup+Handle forming likely leading to higher future prices if they can grow their user base and maintain their RPU.
PINS had made a long and painful journey so far to break above and stay above $30 and now eyeing to break $35. But it is running out of gas very quickly. The rally since October has been phenomenal. But, to validate an expanding and very whacky leading diagonal structure, price needs to hit $36.74 or above. This year and a half long channel have been very tough to...
Trading Idea: Buy Pinterest Stock for Short-Term Gain
In the past month, Pinterest's stock price has increased by 14.55%, making it an attractive option for short-term investors with a somewhat high risk tolerance. The trading idea is to buy Pinterest stock (PINS) based on the provided facts.
Pinterest, Inc. has reported a total of $1.12 billion in short-term...
Shares of visual search and idea platform Pinterest (PINS -1.17%) skyrocketed on hours ago, following the company's third-quarter earnings report. While its stronger-than-expected third-quarter results and robust fourth-quarter revenue guidance were obviously key to the tech stock's big move higher, there was likely more behind the move than the details provided...
Be careful with a halead and shoulders for the chart on pins. I did play the earnings $25 call exp 11/03, but I am holding because of support from the monthly candle but I am expecting a down turn anywhere from $32-$35.
NYSE:PINS
If NASDAQ:META and NASDAQ:GOOGL report issues with advertising revenue, investors and traders might anticipate similar problems for $PINS.
The option flow is bullish as hell, but I'm bearish.
*I have no position*
If you haven`t sold PINS, which reached its Price Target here:
Then analyzing the options chain and the chart patterns of PINS Pinterest prior to the earnings report this week,
I would consider purchasing the 25usd strike price in the money Puts with
an expiration date of 2023-11-17,
for a premium of approximately $1.96.
If these options prove to be profitable...
Pins broke out above the down trendline from July and failed immediately. The current support at $25.7 area needs to hold in the coming weeks to keep the recent uptrend alive. If that area breaks, then bottom of the channel retest will be the most probable move. As long as $ 20.60 doesn't break, the higher timeframe uptrend will still stay intact.
Indicators are...
The PINS stock is on track to test the next resistance at $28. If it's breached, the stock's target extends to $33. However, caution is advised: if the price drops below $25, the stock could revisit the $20 level once again. In the long term, the stock maintains a bearish trend, unless it holds above $33. 📈📉 #PINSStockAnalysis #MarketInsights
Pinterest is doing a lot of good things. The turnaround story is motion at the moment and the price action has been choppy for a while. In the next few weeks, I would expect price to make a turnaround and move upwards to complete the leading diagonal pattern. I have changed my wave count since the last post since the price action does not look like the pattern has...
$PINS 'JADE LIZARD'
One neutral/ bullish strategy is a 'Jade Lizard', which is combining a short put with a call credit spread. The idea is that the premium credit from the short put is sufficient to cover the max loss of the call credit spread. And in doing so, the jade lizard setup has no risk to the upside. One thing that is nice about the jade lizard,...
Hi viewers, PINS price break first zone, in last periods strong bullish push we are have, currently here now new bullish push expecting
TP1: 29
TP2: 32
Pinterest - 30d expiry - We look to Sell at 28.88 (stop at 30.28)
In our opinion this stock is overvalued.
We are trading at overbought extremes.
Bearish divergence can be seen on the daily chart (the chart makes a higher high while the oscillator makes a lower high), often a signal of exhausted bullish momentum, or at least a correction lower.
A higher...
