Pinterest - buying the dip?Price is down by 35% from the high. It implies +54% back) Price still needs to make some dollars to the downside to complete a double zigzag, before I assume it will resume the uptrend.Longby UnknownUnicorn3382580222
$PINS 81.63$PINS 81.63 Wow, from this perspective it looks good, but let's see what tomorrow brings. Probably some gains... woooooot!!!by SPYder_QQQueen_Trading334
ADDED twice to $PINS NEW Target 81.63 for 24.30% $PINS Target 81.63 for 24.30% Or next add level at 53.83 HA... wellll, that took out two support levels... but my average is now 65.67 and new target is set... That was wild... AMZN just got crushed as well... good times. ----- — On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average. ONLY ADD at support levels & FIB levels… I start every position with .5 - 1% of my account and build from there as needed and as possible. I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed. GL and happy trading. Longby SPYder_QQQueen_Trading333
NEW POSITION $PINS Target 88.44 for 22.00% $PINS Target 88.44 for 22.00% Or next add level at 66.23 ----- — On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average. ONLY ADD at support levels & FIB levels… I start every position with .5 - 1% of my account and build from there as needed and as possible. I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed. GL and happy trading. Longby SPYder_QQQueen_Trading883
PINS BOOLISH for earningsInside 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 setupLongby UnknownUnicorn254774150
PINSLooking for a test of the upper trendline but not before filling the gap below. PINS has ran pretty hard after bouncing off the .786, a fib level I typically do not trade off of, but here we are. Another name just to watch, in hope that the gap does fill. Otherwise wait for the breakout of the upper trendline on volume.by Dabney3
PINS - Momentum in social media sectorAlright traders, PINS reports earnings thursday 7/29. I really like the PINS setup because the RSI has more room to run on the daily and weekly charts. SNAP and TWTR both recorded good ER's, FB reports on wednesday. More time was spent on social media apps, due to Corona virus...pretty simple. Options flow - There are over 6000 $85 calls sitting in OI, put/call ratio is at .86. There is alot more open interest in the August ATM calls. The short interest is only 3.9%, finviz.com *There is an FOMC decision on wednesday, so that may impact markets. Play the earnings run up and sell before earnings. GL!Longby hockeysniper1
WATCHING $PINS for Entry Target @ 72.48 WATCHING $PINS for Entry Target @ 72.48 ———— I will repost when it get’s closer (or if I take a position)if it goes that way and if it makes higher highs I’ll repost with new entry. by SPYder_QQQueen_Trading221
Possible Downward Gap FillPossible downward gap fill, earnings soon, history shows downtrend on earnings. Possible re-entry into downtrend channelby dtomasino5225
PINS trade idea for tomorrowNYSE:PINS Sitting on Support all day today. Lets see if this will go up tomorrow. There is no news or whatever that makes the stock go down. Just lack of volume today. Longby Trade_with_ICEUpdated 330
$PINS overview*Before reading the information in this please understand the risks associated with both the stock market and investing as a whole. ALWAYS do your own research; invest with conviction, rather than emotion.* *Please understand I am in no way a professional and offering investment advice, all ideas shared are simply opinion.* *I work with a team of individuals that does research into potentially undervalued publicly traded companies. We use a mix of fundamental and trend analysis to formulate a trading plan for our securities.* I've had a true love for Pinterest ($PINS) since the beginning of the year, they are one of my favorite public companies out. I myself am not an avid user of the platform, however I do know a great number of friends and family that are religious users of this social media platform. Pinterest is a community based message board that allows users to publicly share other ideas that they want to share to their followers; in pair, users can also post their own ideas for their follower base. Pinterest is great for people with in an interest in practically anything (within reason, of course). With a growing technology-driven world, an app like Pinterest will *likely* continue to see user growth, their average user growth was up 37% in 2020, which followed a 30% growth the following year. I myself secured an entry at $66 per share, and as of this post $PINS is sitting at a share price of $76.99 at close Friday, July 10. I averaged up this past Thursday at the $75 price point, and am approaching my first take profit point. Short, mid, and long term simple moving averages have done a bowl pattern and have turned bullish, and momentum has followed. Although SMA has turned, momentum appears to be headed to be headed toward a resistance point. Though I love Pinterest and their operations, as well as their current price action, I am currently neutral on $PINS short term. Though both short and medium term bullish patterns have not been broken, but there are two potential bearish patterns forming, both formed at existing resistance at $90 per share. If $PINS can power through this momentum resistance, they have room to break through the current $90 price ceiling, and could touch a $100 share price by years end. Price points are as follows: ORIGINAL ENTRY: $66 AVERAGED UP/NEW ENTRY: $75 STOP LOSS: $66 TAKE PROFIT 1: $90 TAKE PROFIT 2: $110 There is 43% upside on this medium-term trade from its current entry point. Current stop loss is my original entry. I will be giving an update soon, Pinterest's activity on the charts in the next couple of weeks could tell the tale of what to expect for performance into 2022. Be sure to follow me @bigshotrob for future updates and posts. by tradebuckets3
PINS at a big make it or break it area. be careful! Pins is at a big top trendline resistance, a couple outcomes can happen here.. we either see it breakout over with bullish tech rally, or it respects the resistance and tests 50-55 later this year. RSI extremely overbought, i cant see it going up much higher soon! but never say never - Justin Bieber xD please leave a like if you enjoy my ideas ! <3by Vibranium_Capital3337
PINS IdeaTheta Thursday #Ideas 🎲 $PINS 80C > 79.40 | 75P < 77.17 🔵=Entry ⚪=TP1 Keep it Small, Use Stops, and Don't Chase See Profit Take Profit Best of Luck! 🍀by itsCblast1
$PINS Gap filled - Good Entry for a Short$PINS finished filling a gap, which coincidences with price action reaching the to top of a rising wedge. On top of those two things, there is also bearish divergence on the RSI. Probability of downside action is high in my opinion and is a great risk/reward entry position.Shortby wiz_investing330
Pinterest Long tradeHey guys, this is my Long trade for Pinterest. This is not a day trade but a swing trade. This is not financial advice, I'm just showing what I'm doing.Longby edgematic10116
$PINS June Update*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* Recap: My team has had eyes on popular online product and idea discovery platform $PINS for the past few weeks. After correcting from a previous all time high of $89.90 it now sits at $73.14 per share. My team expects $PINS to continue to perform well short term. We have placed our first take profit at $84.50. Entry: 66.05 First take profit: $84.50 2nd take profit: $103 Stop loss: $60 If you want to see more, please like and follow us @SimplyShowMeTheMoneyLongby SimplyShowMeTheMoney11
Pinterest heading into next earningsIf we fill the gap, then after it looks like we are about to make a cup (this is 1D Logaritmic chart). As a layover I put a Gann Fan and so handle might form in the way to the earnings around the end of July. Then if Solid: TA + FA are coming together and we are going to breakout to new highs.Longby MLinv0
PINS Gap fill candidateLook for PINS to pull back into the green box or hold above it for a move up to the 618 fib. This would be a gap fill. Targets on a pull back trade to the green box would be 71 and 75. Not interested any more if price falls below the green box. Needs Nas100 support. Longby WadeYendallUpdated 555
$PINS Update, Slow and SteadyPinterest slowly creeping its way back up to fill the gap near the $76 level. Still long. Longby chartxzy4
PINS Bull Flag on WeeklyPINS is currently in a bull flag. MACD is crossing over and STOCH is favorable for an uptrend. I believe we will hit the $87 PT before a breakout or breakdown occurs.Longby chinoxl32