PINS in a "managed" channel or-To The Moon - Tiger Brokers Online Investing Community - To The Moon

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Asphen
2023-02-07

PINS in a "managed" channel or can the breakout be sustained?

Daily Chart

- In a "buy channel" since Oct 2022 with well controlled selling every-time it has hit the upper channel line

- Price action is at the top of channel again and had a breakout on 2 Feb but was not able to sustain the breakout and has since fallen back into the trend channel

- The bottom of the trend channel is between 23/24 (Note importantly that the post-earnings afterhours low is coincidentally also at the 23/24 range)

30mins Chart (including post earnings afterhours action)

- As can be seen, a big recovery after the earnings call from the initial drop when earnings released

- Gap to be filled between 26/27

- Price support around 25 (big support coming in from 23 upwards)

For me, I am looking at how it continues in the buy channel (between 23 and 29)

But PINS does look to have formed a good support foundation past months.

@TigerStars @CaptainTiger @LMSunshine @melson @Deposit

# Technical Analysis

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melson
·2023-02-07
TOP
[Happy]broke out of resistance zone at 26, facing resistance zone at 30.
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- melsonReplying toAsphen:
  [Happy]
  2023-02-07
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- Asphen:
  provided 25 hold
  2023-02-07
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MaudNelly
·2023-02-07
25 USD will be a good support price.
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- Asphen:
  Nice.
  2023-02-07
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BarbaraWillard
·2023-02-07
I think it will continue in the buy channel.
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- Asphen:
  that's good
  2023-02-07
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AndreaClarissa
·2023-02-07
PINS will rise from up and down.
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- Asphen:
  meaning go up?
  2023-02-07
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Taylee
·2023-02-07
👍
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sesemike74
·2023-02-07
ok
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Humama888
·2023-02-07
Thanks
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- Asphen:
  you welcome
  2023-02-07
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Art77
·2023-02-07
Ok
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StarLuck
·2023-02-07
ok
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Tj_
·2023-02-07
☺️
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Yongqi
·2023-02-07
K
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coincidentally also at the 23/24 range)</p>\n<p><br></p>\n<p>30mins Chart (including post earnings afterhours action)</p>\n<p>- As can be seen, a big recovery after the earnings call from the initial drop when earnings released</p>\n<p>- Gap to be filled between 26/27</p>\n<p>- Price support around 25 (big support coming in from 23 upwards)</p>\n<p><br></p>\n<p>For me, I am looking at how it continues in the buy channel (between 23 and 29)</p>\n<p><br></p>\n<p>But PINS does look to have formed a good support foundation past months.</p>\n<p><a href=\"https://ttm.financial/U/9000000000000149\">@TigerStars &nbsp;</a><a href=\"https://ttm.financial/U/3527667618000160\">@CaptainTiger &nbsp;</a><a href=\"https://ttm.financial/U/4113904591642392\">@LMSunshine &nbsp;</a><a href=\"https://ttm.financial/U/4123471905369072\">@melson &nbsp;</a><a href=\"https://ttm.financial/U/3577700186071729\">@Deposit &nbsp;</a></p>\n<img src=\"https://community-static.tradeup.com/news/e1b80d3e95b2a6721f804140b669cc6c\" tg-width=\"1280\" tg-height=\"688\">\n<img src=\"https://community-static.tradeup.com/news/1c2fc8c61f9ce83f4f463fcd6b9292b6\" tg-width=\"1276\" tg-height=\"838\"></body></html>","htmlText":"<html><head></head><body><p>PINS in a \"managed\" channel or can the breakout be sustained?</p>\n<p><br></p>\n<p>Daily Chart</p>\n<p>- In a \"buy channel\" since Oct 2022 with well controlled selling every-time it has hit the upper channel line</p>\n<p>- Price action is at the top of channel again and had a breakout on 2 Feb but was not able to sustain the breakout and has since fallen back into the trend channel</p>\n<p>- The bottom of the trend channel is between 23/24 (Note importantly that the post-earnings afterhours low is coincidentally also at the 23/24 range)</p>\n<p><br></p>\n<p>30mins Chart (including post earnings afterhours action)</p>\n<p>- As can be seen, a big recovery after the earnings call from the initial drop when earnings released</p>\n<p>- Gap to be filled between 26/27</p>\n<p>- Price support around 25 (big support coming in from 23 upwards)</p>\n<p><br></p>\n<p>For me, I am looking at how it continues in the buy channel (between 23 and 29)</p>\n<p><br></p>\n<p>But PINS does look to have formed a good support foundation past months.</p>\n<p><a href=\"https://ttm.financial/U/9000000000000149\">@TigerStars &nbsp;</a><a href=\"https://ttm.financial/U/3527667618000160\">@CaptainTiger &nbsp;</a><a href=\"https://ttm.financial/U/4113904591642392\">@LMSunshine &nbsp;</a><a href=\"https://ttm.financial/U/4123471905369072\">@melson &nbsp;</a><a href=\"https://ttm.financial/U/3577700186071729\">@Deposit &nbsp;</a></p>\n<img src=\"https://community-static.tradeup.com/news/e1b80d3e95b2a6721f804140b669cc6c\" tg-width=\"1280\" tg-height=\"688\">\n<img src=\"https://community-static.tradeup.com/news/1c2fc8c61f9ce83f4f463fcd6b9292b6\" tg-width=\"1276\" tg-height=\"838\"></body></html>","text":"PINS in a \"managed\" channel or can the breakout be sustained? Daily Chart - In a \"buy channel\" since Oct 2022 with well controlled selling every-time it has hit the upper channel line - Price action is at the top of channel again and had a breakout on 2 Feb but was not able to sustain the breakout and has since fallen back into the trend channel - The bottom of the trend channel is between 23/24 (Note importantly that the post-earnings afterhours low is coincidentally also at the 23/24 range) 30mins Chart (including post earnings afterhours action) - As can be seen, a big recovery after the earnings call from the initial drop when earnings released - Gap to be filled between 26/27 - Price support around 25 (big support coming in from 23 upwards) For me, I am looking at how it continues in the buy channel (between 23 and 29) But PINS does look to have formed a good support foundation past months. @TigerStars @CaptainTiger @LMSunshine @melson 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hold"}],"verified":10,"allocateAmount":0,"commentType":"hot","coins":0,"score":0},{"id":105740563,"gmtCreate":1675743741544,"gmtModify":1675743745066,"authorId":9000000000000487,"author":{"id":9000000000000487,"authorId":9000000000000487,"name":"MaudNelly","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9955797037,"type":1,"supId":0,"prevId":0,"content":"25 USD will be a good support price.","text":"25 USD will be a good support price.","html":"25 USD will be a good support price.","likeSize":1,"commentSize":1,"subComments":[{"id":105740582,"gmtCreate":1675744080340,"gmtModify":1675744084112,"authorId":3576339097425722,"author":{"id":3576339097425722,"authorId":3576339097425722,"name":"Asphen","avatar":"https://community-static.tradeup.com/news/55ff1b64b2787933c17d863ecae83f09","vip":1,"currentWearingBadge":{"badgeId":"1f541396f99840fb977d0ab0ce343c94-1","templateUuid":"1f541396f99840fb977d0ab0ce343c94","name":"Weekly Top Contributor","description":"Contributors with best Editor's Picks every 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