Chart Reading: PINS on the move finally?
PINS may be on the move ... but has to first contend with 2 heavy congestion zones ahead.
This chart reading uses MA's, simple VPA (Volume Price Analysis), MACD/Momentum and "built-in" Bar Strength analysis
The weekly view is much easier to see given the high volatility on the daily TF .. there's finally some positive sentiment building up on the weekly - the weekly also shows that recently there is (relatively) good reaction to up moves and weak reaction to the downside ...
let's keep an eye on PINS
thoughts & comments ?
This chart reading uses MA's, simple VPA (Volume Price Analysis), MACD/Momentum and "built-in" Bar Strength analysis
The weekly view is much easier to see given the high volatility on the daily TF .. there's finally some positive sentiment building up on the weekly - the weekly also shows that recently there is (relatively) good reaction to up moves and weak reaction to the downside ...
let's keep an eye on PINS
thoughts & comments ?
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.