PINS recently has shown the first indication of a reversal at its historical support which was by the VPCI indicator. Although I think this is a great entry, I want greater confirmation from the Squeeze indictor(a reduction in selling momentum) because without this confirmation it may potentially break below support. If PINS bounces off of support following bullish signs regarding the momentum then it allows for a great swing. Keep in mind that PINS gapped down which usually lead towards a new form of support, but it is always best to wait for confirmation.
Bullish Signals
-VPCI
-Near historical support
Bullish Signals
-VPCI
-Near historical support
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.