Today I watched a critical point for PINS, as to find out whether we were getting false signals. We ended up bouncing off of a Fibonacci support(56), which is a close above the swing low. Not only do I think this is a great time to buy but I believe we will achieve a price target of 70 as seen by the anchored VWAP. The last time we were given similar buy signals we've seen the stock rise to this VWAP which currently lies at 70. Tomorrow(sep 2) should be interesting since we have Fib based time that dictates we may see a great move to the upside. Not only do we have Fib time, but we also have bullish signals that I've noted in prior TA such as the squeeze indicator and the cycle willy.
Bullish Signals
-Squeeze indicator
-Cycle Willy
-Weis Wave(reduced selling volume)
+anchored VWAP
Price Targets
-1st 65
-2nd 70
Bullish Signals
-Squeeze indicator
-Cycle Willy
-Weis Wave(reduced selling volume)
+anchored VWAP
Price Targets
-1st 65
-2nd 70
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免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。