Long Pinterest $PINS
Pinterest has been on a wild uptrend since it’s IPO.
It holds the uptrend since IPO and has not broken.
Has started a second leg of the up trend at $26.63 and has been steep uphill ever since. Given the RSI overbought territory it is hovering near, I would a expect a moderate pull back to the original trend at $27.99 and the continue on upwards from there.
If trend breaks, I’d watch for the $26.12 support to hold, which has been tested twice.
It holds the uptrend since IPO and has not broken.
Has started a second leg of the up trend at $26.63 and has been steep uphill ever since. Given the RSI overbought territory it is hovering near, I would a expect a moderate pull back to the original trend at $27.99 and the continue on upwards from there.
If trend breaks, I’d watch for the $26.12 support to hold, which has been tested twice.
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