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RedKTrader
18. Aug. 2020 17:36

PINS: Possible breakout to $40 ? Long

Pinterest, Inc.NYSE

Beschreibung

on the daily, PINS looks ready to trigger a new wave into the demand mode after consolidation - we look at a possible breakout to >$40 if PINS can breach thru the upper red resistance line -- the momentum (expressed by the UTO) and supply/demand volume (v.viewer) are lining up - with a backdrop of a slightly increasing positive sentiment.

would be great if this scenario pans out - there's always a possibility of turbulence.

we're still long PINS. will keep holding for now.


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