After absolutely CRUSHING it on Pinterest last week, I have an updated chart overlook for this week. Just to recap, we entered long last week at $54 on the break of the downtrend. 
PINS soared up to $66 on the news that PayPal was in talks to acquire them, and we have since secured profits.
I believe that was only the beginning of the big picture, and we put in a solid wave 1 last week. Looking to start averaging into a swing position in my buy zone around $52.61-56. From there, we should see an impulsive wave 3 up to fill the rest of the daily gap taking us to $70+. Really love this setup, but remember to wait for confirmation and average into your swing position to help mitigate some risk!
PINS soared up to $66 on the news that PayPal was in talks to acquire them, and we have since secured profits.I believe that was only the beginning of the big picture, and we put in a solid wave 1 last week. Looking to start averaging into a swing position in my buy zone around $52.61-56. From there, we should see an impulsive wave 3 up to fill the rest of the daily gap taking us to $70+. Really love this setup, but remember to wait for confirmation and average into your swing position to help mitigate some risk!
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We are the #1 Trading + Educational Community on Discord!
For real time alerts, live flow data, a community of like-minded traders and more be sure to join our Discord!
Join now at: discord.gg/R5wtYXmeCW
For real time alerts, live flow data, a community of like-minded traders and more be sure to join our Discord!
Join now at: discord.gg/R5wtYXmeCW
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.