All indicators (OBV, MACD, RSI) have bullish upward trend going on, with the RSI indicator @ ~38, slowly coming out of oversold levels
Furthermore, there is a beautiful hammer candlestick right off the 8MA (green line) - which could indicate that buyers are ending their rest and starting to buy the stock again - followed by very low selling volume.
Because of all these reason, I believe $PINS will hit two price targets:
1: 14.22
2: 15.34
Furthermore, there is a beautiful hammer candlestick right off the 8MA (green line) - which could indicate that buyers are ending their rest and starting to buy the stock again - followed by very low selling volume.
Because of all these reason, I believe $PINS will hit two price targets:
1: 14.22
2: 15.34