PINS trade ideas
$PINS | WEEKLY WATCHLIST 9/13I suspect we may try testing the 78.6% retracement based off of last Friday's weak price action. Very solid swing setup as long as the fibonacci box holds, otherwise further correcting will be needed. Patience and waiting for confirmation for me on this one before entering. Can see a nice impulsive move to $61 (bottom of unfilled Daily gap) if buyers step in.
Trade Review: How I Traded $PINS, $ZM, $CRWD, $UNH, $SPCE W/ EntIn this video I will reviewing trades I took on September 2-3, 2021 going full in depth explaining how I traded : $PINS, $ZM, $CRWD, $UNH, $SPCE showing you guys my entries how I put it together with other confluences such as support and resistance. Traded tickers with a new strategy I been testing with Inside Candles Credit: TW for his indicator and his strategy! Traded these tickers using my knowledge of technical Analysis , sharing my levels: Support & Resistance , my trendlines , Fibs, Waves, Price Action, Inside Bars, Channels , Emma's, Opening Range Breakout and prior experienced , while providing both bullish & bearish scenarios for you to be able to understand my analysis and wait for confirmation as always!
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Request - Pins Update - Bear CountI was asked for a PINS update. Unfortunately I am a bear here.
30 week MA curling to the downside. Relative weakness here as well accompanying the trendline break. Looks like a cycle 1 top is in. We appear to be in a 7 swing WXY correction with 100 extension confluence w/ the 61.8% retracement somewhere around 40-45 a share. I still think pins could see upside to the 66-70 range before the flush taking it to wave 2 bottom, but time will tell. As of now I think the green arrows show us the most likely course at this point. (be mindful I could be completely wrong and maybe we are setting wave 2 bottom now)
Dont place trades directly off my analysis, always do your own DD!
PINS Update(bullish)Today I watched a critical point for PINS, as to find out whether we were getting false signals. We ended up bouncing off of a Fibonacci support(56), which is a close above the swing low. Not only do I think this is a great time to buy but I believe we will achieve a price target of 70 as seen by the anchored VWAP. The last time we were given similar buy signals we've seen the stock rise to this VWAP which currently lies at 70. Tomorrow(sep 2) should be interesting since we have Fib based time that dictates we may see a great move to the upside. Not only do we have Fib time, but we also have bullish signals that I've noted in prior TA such as the squeeze indicator and the cycle willy.
Bullish Signals
-Squeeze indicator
-Cycle Willy
-Weis Wave(reduced selling volume)
+anchored VWAP
Price Targets
-1st 65
-2nd 70
$PINSPinterest tracks monthly active users, or MAUs. If you open the app, go to the website, or even save a pin through a browser extension during a calendar month, then you're a MAU. This stands in contrast to other platforms like Snap's Snapchat that track daily active users, or DAUs. Obviously, it's easier to get a MAU than a DAU.
As a whole, Pinterest's user base increased in Q2. Globally, MAUs increased 9% year over year to 454 million. This was due to a 13% increase in international users -- the larger user base. However, MAUs in the U.S. decreased 5% from the same quarter last year.
It might seem like this doesn't matter. After all, the larger user base -- international -- grew. However, Pinterest makes a lot more money from U.S. users than international users. Average revenue per user, or ARPU, in the U.S. was $5.08 compared to just $0.36 per international users.
Therefore, Pinterest is losing its most valuable users. That's why the stock unsurprisingly fell.
On the technical side of things.. Pinterest has finally found support on the daily chart after a long battle since earnings.
This Ccould possibly be a good time to look at this.
I’m bullish.
First target - $60
Second target - Gap fill.
Keep this on your watchlist.
- Factor Four
Pinterest - Early signs of a TurnaroundIts still very early in this trend but I'd consider this promising.
My Special Sauce shows It's just starting to show signs of a turnaround. Still not sure if this will be a strong or a short upswing.
Right now its looking like a little temporary jump up... Will now more next week.
Definitely worth watching
$PINS has found support and filled a gap$PINS has touched the support at ~51.9 yesterday. It has also filled the previous gap. The bounce is not fully convincing to me, but this is highly oversold.
Check the RSI as well.
The probability of turn around from here is higher than this sliding down to 46.
AUGUST 19TH, 2021 trading analysis PINSAUGUST 19TH, 2021
trading analysis PINS
Disclaimer:
This information is for educational purposes and is not an investment recommendation or representative of professional expertise. This analysis used herein is for illustration purposes only. This personal opinion should not be considered specific investment advice. I am not responsible for any trades, and individuals are solely responsible for any live trades placed in their own personal accounts.
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SHORT possiton beause breakdown from strong support 54, xx and breakdown from ema 377, dead cros ema 144 x ema 55
let's see
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good luck, and happy profit
see you for next update
#keep learning bakkarianz metode
How I'm Watching PINSPINS has steadily declining while displaying some bullish divergence on the 4h. I'm overall long on this stock and believe we are currently in a buy zone. My Fibonacci extension dictates that we have support at 52.40 and if we go below that then it suggest a time to sell. Do your own TA for buy signals but this price is great to watch.
Pinterest - Buy the Social Media Giant!Pinterest sitting at 2021 support line. I think it's an investment involving risk and reward. On one hand, when you compare the current price to that of 2020, it's too high, without any doubt. On the other hand, if you focus just on the Year 2021, I think it's not a bad idea to load your portfolio with this ticker. Buying at $55.02, and target prices are labeled on the graph. Feel free to comment.
- By Kujo Qtaro