Pinterest stock just gapped up from $45 to $51 ahead of earnings mainly on a sympathy run alongside SNAP huge Q3 beat.
Today, the stock moved into the $53 range.
My expectation heading into ER is that PINS will follow Snap and post a big Q3 beat as I believe the ad revenue will be YUGE as more and more people have been home from COVID and they're spending more time online.
I am liking this stock and I am planning to enter the 50-53 C ahead of Earnings next week which I believe are 10/29.
On the chart we also see after the breakout that is, that the stock formed a mini bull pennant and broke out again to the $53 range.
I love the stock, I love to own it long term, I am buying the calls!
My PT for PINS is $70 by end of year. Lets see how this one plays out!
Today, the stock moved into the $53 range.
My expectation heading into ER is that PINS will follow Snap and post a big Q3 beat as I believe the ad revenue will be YUGE as more and more people have been home from COVID and they're spending more time online.
I am liking this stock and I am planning to enter the 50-53 C ahead of Earnings next week which I believe are 10/29.
On the chart we also see after the breakout that is, that the stock formed a mini bull pennant and broke out again to the $53 range.
I love the stock, I love to own it long term, I am buying the calls!
My PT for PINS is $70 by end of year. Lets see how this one plays out!
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إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.