James3128
2023-04-01

Ok

@Asphen：
PINS - A different perspective from previous sharing! Previous sharing - In a buy channel with consistent controlled sell drives Took another angle of analysis to the counter. 1. Area of balance (aka Trading range) - From 2023, it has been in a consistent trading range 23.80 to 27.44 - There has been look above and fail as well as look below and fail (meaning they all break back into range) - The range is very much made up of 2 similar ranges with 25.61 in the middle - Price action is now at the top of range (near 27.44) 2. Bullish scenario - Range play often means that a a bullish outcome means the breakout must be above 27.44 and stay above. - And even if break back into range, it needs to hold in upper half of range which is >25.61 3. Bearish scenario - It does not break out of 27.44 and gets rejected back into range, will test support at 25.61 - Failing 25.61 is likely to go back 23.80 - Very bearish means below 23.80 Summary - Much to be bullish for now based on the potential break of 27.44 @TigerStars @CaptainTiger @melson @LMSunshine @Deposit $Pinterest, Inc.(PINS)$
PINS - A different perspective from previous sharing! Previous sharing - In a buy channel with consistent controlled sell drives Took another angle of analysis to the counter. 1. Area of balance (aka Trading range) - From 2023, it has been in a consistent trading range 23.80 to 27.44 - There has been look above and fail as well as look below and fail (meaning they all break back into range) - The range is very much made up of 2 similar ranges with 25.61 in the middle - Price action is now at the top of range (near 27.44) 2. Bullish scenario - Range play often means that a a bullish outcome means the breakout must be above 27.44 and stay above. - And even if break back into range, it needs to hold in upper half of range which is >25.61 3. Bearish scenario - It does not break out of 27.44 and gets rejected back into range, will test support at 25.61 - Failing 25.61 is likely to go back 23.80 - Very bearish means below 23.80 Summary - Much to be bullish for now based on the potential break of 27.44 @TigerStars @CaptainTiger @melson @LMSunshine @Deposit $Pinterest, Inc.(PINS)$

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