PINTEREST sell signals on D1.Pinterest, daily timeframe: Resistance zone + Side of Bollinger bands + Hanging Man + OverboughtShortby Dmitry_Nikolaev0
Confirmed Pinterest breakoutPinterest (PINS) has confirmed breakout from all-time-high. Up 35%, Pinterest shows future value in spades. This is one of those stocks that you BUY, and NEVER LET GO OF. I was lucky to buy a large amount at around $23-$24. I don't see why this stock would not go up significantly over the next 2-5 years. I would expect for it to be around $180 in a short timeframe (under 2 years). A couple of categories that initially sparked my interest in this stock, was its SEO potential. I build websites outside of my trading life, and when studying SEO, in particular Social Media Marketing, I found that Pinterest drives in over double the traffic as Facebook, or any other Social Media platform does. Pinterest also outperforms every other platform in conversion by a tremendous amount. In fact, 48% of Pinterest visitors are actually there to buy!! That is insane potential for advertisers, and now I am sure you can see the potential future value as this company continues to grow. "At 48%, shopping is a top activity for Pinterest users, ranking just after viewing photos (57%). Sharing content, networking, and news all rank as lesser priorities. This comes in stark contrast with other social media sites. For Facebook, shopping ranks as the 7th most popular activity at 14%. Same goes for Instagram, Snapchat, and Twitter, which all see lower shopping rates." Revenue from Shopping Ads is increasing with huge gains. Between the first and second half of 2019, revenue from shopping ads went way up. Unsurprising, as revenue went up, the number of monthly active advertisers buying shopping ads went up, too. Up 125%, in fact. 91% of Pinners in the market for tech/telecom purchases decide to buy after seeing content on Pinterest. Pinners turn to Pinterest to help make spending decisions—including for tech and telecom purchases. Some 69% of users turn to Pinterest to help make these purchase decisions. After doing so, 91% are ready to buy.Longby Shwayze228
Watch out for Pinterest breakoutLet's take a look at a relatively newer stock this week: Pinterest (PINS). It may not be profitable like Facebook at this point, but lets take a look at some fundamentals. Now the 3rd largest Social Media in the U.S., Pinterest grew its user base by 26% last year. Topping 1Billion revenue in 2019. Pinterest boasts a 48% conversion rate for ads, compared to 14% on Facebook. That means that people on Pinterest spend 48% of their time shopping. This is huge for companies, who are deciding who to target with their Ads revenue. For SEO, Pinterest is said to bring up to 7x the traffic as a Facebook Business page, or other social media pages to your business. While profit may struggle over next couple years, I do not see a problem for their current business model, and I believe this ($26.61) stock has some serious potential. When looking at technical indicators, Pinterest is gunning for a recent high, $27.22. There should be some resistance at this area, and PINS is near the top of its channel. Keep an eye on volume, and if its strong it can make that push. This stock has some serious potential, but we have yet to see its future play out. I am going long on Pinterest this year.Longby ShwayzeUpdated 335
Pinterest Decrease after massive spike from earnings release.avaerage price around $27. current price $35.Shortby NathanMarshall2
PINS SnapbackPINS has ran up after earnings into all time highs. It has become overextended after this run up going beyond the bollinger bands, created overbought signals. Now that is has reached all time highs, it will act as resistance. I expect a pullback to the $33 range.Shortby BBTrader292
PINS Long inside and above box.Huge weekly close after earnings. Long inside and above box or wait for pull back long entry at target below box. Longby WadeYendallUpdated 7
PINS - How much higher can it go?I have been watching Pinterest since March and I kind of want to cry after last Friday. There is no way this rally is sustainable. It looks like we have a hanging man met at strong resistance. A lot of the tech stocks are displaying this same candle pattern breakout from there trends. Their earnings report was phenomenal, but I think it is poised for a pullback. The hanging man will only confirm with a nice red candle stick next week. It is way outside the bollinger bands, RSI is signalling overbought, and the MACD has been showing a loss in momentum up until last friday. Long term I am very bullish, but I need it to pullback to take up a position. Looks like an excellent short opportunity in the next week or so but even that is iffy with the Feds potentially dropping another bill. As always, I am not a financial advisor and this is financial advise. Do your own research and formulate your own theories. Good Luck!by ChrisPtaco_325
PINTEREST drop and bounce?Hi, 3 months trading, still a noob. Shorted Pinterest around 32. - Nice double top forming on the weekly. - Hanging man on the daily - Severly overbought - Huge gap to 28, allings nicely with recent support as well as Fib .0382 - Could sink even lower to 25 if history repeats itself though i think fundaments have impoved Thinks we'll see a bounce, herp Look forward to your insights. Still learning :) CheersShortby Goingdutch3035
PINS - One of Potential Future Trending Business The world shocked by corona virus that kill 682.885 people around the world. Until now, this virus still spreading and haunting many country (mine including). So sad. People then making many policy to disrupt this virus and stop it to spreading again. One of the policies is social distancing that made many traditional business suffered and slow down global economy. In fact, triggered economy crisis in USA, and Europe. But not all business down, some of them survive even growing nowadays. One of them is social media business. Here, I share about PINS, a code stock of Pinterest. Pinterest is a "social network" with boards. It is like you pin an image and short information on the board. Making people know what is your thoughts and ideas. A simple idea but can visualized beautifully by Silbermann. With the features like that, people can use Pinterest for make a catalogs and triggered shopping; data analysis by company to track the popular items among market to build their marketing strategy. So, generally, it has a potential future business. And with this corona virus and social distancing, this Pinterest growing more and more. Okay, now, lets see the chart. PINS making bullish pattern, challenged 26-28. and all of sudden broke out with huge gaps.This reflected a urgency movement from buyers. And gives us a clue the potential future movement for this PINS. Now, buyers once again facing the strong resistance 34-36 of sellers territory. If they can breakout this resistance, and making solid ground after that, then, buyers has a high possibility can reach 57-58. An interesting target for this PINS. So, make PINS as your watchlist and monitor its movement. Stay blessed Jee Longby Jee_D3
PINS earningsDo you think NYSE:PINS earnings will have the same impact on price as Q1 earnings when ad revenue was supposed to be increasing after the COVID cutback?by PenguinsFly2
Pinterest Stepping UpFrom 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. Longby PenguinsFlyUpdated 0
PINS: Ascending Triangle, ConfirmedAscending Triangle Descending Volume Could climb with ER coming PPS above 50MA High R/R ratio at 17 Cons PPS below 200MA 200MA descending 250RSI below 50 ATR descending, less volatility If confirmed PT1 = 12,41 PT2 = 13,37 PT3 = 14,56 PT4 = 17,42 PT5 = 18,53 PT6 = 20,14 Bonus PT7 = 21,31Longby LeLaf222
Next stop $29.81- Making some legs here and should break up and follow this channel grinding up slowly but surely . Not that exciting a graph as i thought it would be but worth a 20% trade , exit if we loose the up trend line . This might keep going on up to make new highs but 29 is a good spot to take off some of your position if you're hodling and buy back lower . 31st of July is Q2 results hence 29 is decent to jump off since it may dip. ( no idea how the results are ,just preserving capital ) Cheers! Longby CompoundingGain4
$PINS - Watch the resistance area (24.5 is the support)Not for any advise, Just an Idea.by Samuel12_19807
PINS for 13/17Possibly short term short but the overall trad is bullish so I won't try to fight thatby TradeBroInc0