PINS trade ideas
Pinterest inc.: The Big ShortHello community, after a 5 wave (12345) impulsive structure we expect at least a corrective structure which contains lower degree impulses. Now the 5 wave impulse is getting completed and we expect bears to take over. I will keep updating this chart if necessary. Comment, like follow for more accurate ideas. Thank you.
PINS - Correcting the majority of the 2020 rallyPINS looks to have completed a 3rd wave rally advance with an ending diagonal.
3D momentum peak and RSI turning down for confluence.
PINS 64 PutsWeek expiring 1/8
Broke old support at 67.35 and will continue down to 64.20
(Current 65.90)
My Pinterest Accurate AnalysisPinterest is curving now, it has moved soo high without a high degree correction. so am expecting a drop or a correction right now.
Wait for it to touch support before bounceIt will bounce from $63-$64. Nice intersection of Support and SMA50
$PINS closed below 68 base.After forming nice based at 68 broke out towards 75 and formed shooting start pattern on December 23rd and sold off toward raising 50 MA (64.45). Need to hold this level move back above 68. If not it could see 58, 55 level.
weird looking charthaving basically not moved in weeks the last three days are negative but a lack of volume is unconvincing. the stock needs a catalysts to move prices to new highs and continue trending up. rising volatility at the end of an intermediate length trend is a sign that the fundamentals driving the stock higher are already reflected in the stock price and speculators and late-comers are taking over and absorbing stock from early buyers cashing out their profits. if the stock doesn't hold it's 50-day moving average i am a seller of PINS.
PINS
68 $ when the price level is overlapped, a potential passage to
the main price level to buy which is on the price tag 51 $
PINTEREST video top-down AnalysisHello everyone, if you like the idea, do not forget to support with a like and follow.
Here is the top-down analysis for PINTEREST, feel free to request any pair/instrument or ask any questions in the comment section below.
Best of luck!
$PINs seem to be ready for another runthis stock has been trying to break out of current base for a while now and finally 20 MA caught up yesterday. opened above 20 MA and held it so far which can be used as stop loss.
Ascending triangle Can’t seem to find much chart pattern doing This ticker recently . Anyone waiting for this to breakout to ATH? Or will it fail ?
PINS - from Argus daily update.According to Argus, Pinterest posted solid third-quarter results, and appears on track for continued strong growth in both monthly average users and average revenue per user. In addition, the company is benefiting from streamlined ad systems through the Pinterest Partners Program for smaller merchants and product improvements like Shop tab. Pinterest is also seeing strong international growth.
- it sets a price target of $80 [ I will wait for my entry if it pulls back to the nearest support]
potential cup and handle formingit's hard to tell with some of these patterns, but appears to be a cup and handle forming.
high growth stock, killed earnings last q. hoping for a nice move up.
PINS is a winner*Looking good. This stock is pretty bulletproof considering even with potential state lockdowns/ advertising potential it will only benefit.
No coming back to these prices after 2020 is up. Get in now, as this Will be a 3 digit stock.
*indicators used*
-ZigZag
-Pivots
-Vol
-Supertrend V.1
-MACD
