Pinterest Stepping Up
Updated
From what I'm gathering since the COVID bottom, we're still looking good and in an uptrend channel while stepping up along the way. This is my assessment, not advice to go buy anything.
I have 50 shares at $24.40 already, and with what I think will just be the wick of a candle tomorrow, I have a buy order for 25 at $23.98 (psychological level), 25 at $23.61 (gap fill and within +/- range of current support per stockconsultant), and if we are very unlucky, an order for 100 at $22.53. I do think this is a long term win, but this is all I'm willing to put into this position in a worst case scenario.
Curious on your thoughts.
I have 50 shares at $24.40 already, and with what I think will just be the wick of a candle tomorrow, I have a buy order for 25 at $23.98 (psychological level), 25 at $23.61 (gap fill and within +/- range of current support per stockconsultant), and if we are very unlucky, an order for 100 at $22.53. I do think this is a long term win, but this is all I'm willing to put into this position in a worst case scenario.
Curious on your thoughts.
Trade active
Stop loss of 50 triggered at $25.25 once we passed and retraced.Buy limits triggered 25 at $24.02 (moved up 4 cents based on prior action) and 25 at $23.61.
Note
Post-earnings, SL for 25 shares ($24.02 batch) hit at $32.11.25 shares left with stop loss of 5 at $34.25 and 20 at $31.74.
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