PINS trade ideas
Buy Zone and Target for Pinterest $PINSMy buy zone and target for Pinterest. I believe $pins is currently in a consolidation right now and i think it will make another move to the upside soon.
(Not financial advice)
Cup and HandlePossible Targets listed. Gap below price can provide support
Chances are if it has a deep pull back it will go there
The same gap becomes R if price goes under it
no rising wedges
Gap below Price
NV decreasing since gap up. They will be back if price is threatened
Short interest lower than expected
Quite a rally..Seems time for a pull back
Not a recommendation
NIO Swing Long - Double Bollinger Band BreakoutHey,
Thanks for checking out my trade idea. Please feel free to follow me and like this idea.
NIO has been in contraction, and as of the last 3 daily candles it has begun to expand. I'm looking for follow thru expansion this week, very similar to the PINS move that occurred last week. The size of NIO's contraction box is roughly $5.5. Therefore, my targets would be $26.5 to $32. One to two times the size of the box within the next 5 to 10 trading days.
As always, we only trade confirmed Double Bollinger Band Breakouts.
PINS- The Strat (megaphone)Took a long call on PINS off the 5 min 2-2 reversal. Don't usually trade this but seeing it work out gives me a little more confidence. Volume drying up
PINS longPINS is likely to retest the recent ATH support before going up further.
Or PINS also can shoot up from current level. Let's see
Social networks $PINS & $SNAPRaise your hand if you like $FB but hate Zuckerberg, I thought so.
$PINS (main chart) and $SNAP (blue) have started outperforming $FB (orange) quite significantly after the 'blow off top' in Tech up to September 2nd.
$PINS has especially wind in its sails after its earnings breakout and is on an ascending channel. $SNAP also seems to have found its mojo again in the mid twenties.
Pinterest outbreak pullbackNYSE:PINS showed an outbreak pull back setup. My safe entry is above the previous top (43 $). A Stop order could be placed below the support (38 $). Watching closely.
outbreak pullback setup - done
outbreak level is the new support
ADX is rising, +DI is positive - so the momentum is build
RSI is neutral
PINS Bull Flag in upper trendI like PINS long after a strong quarter. Maintained its gap up after earnings and is in a strong uptrend.
PINS Finally breaks to upside.Have been in this for a while. It hit T1 then just consolidated for a a while. See previous post.
Good opportunity to enter if you are not in it or add if price can hold the tan box and move up.
Shooting for dotted line targets.
$PINS Pinterest Revised Targets
PINS has staged a huge breakout and on high volume, traders must now turn their attention
to the long term trendline as the next major target | resistance.
Above that level $44 is on the cards.
PINS ATH BreakoutPINS just had another ATH breakout. It broke out of its range where it has been consolidating and formed a double bottom, leading to a breakout today. I suspect this will continue to run to $43 and the rest of week.
time for next leg upPEG. Power earnings gapper. consolidated from its tight flag and now pushing up with good volume
