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allthesmokeacquisitioncompany
28 дек 2020 г., 19:23

weird looking chart 

Pinterest, Inc.NYSE

Описание

having basically not moved in weeks the last three days are negative but a lack of volume is unconvincing. the stock needs a catalysts to move prices to new highs and continue trending up. rising volatility at the end of an intermediate length trend is a sign that the fundamentals driving the stock higher are already reflected in the stock price and speculators and late-comers are taking over and absorbing stock from early buyers cashing out their profits. if the stock doesn't hold it's 50-day moving average i am a seller of PINS.
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Trendoscope
EMA 50 of 63 is decent stop IMO. My stop is similar though based on different technicals.

Next earnings in Feb. Will if it holds till then.
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