Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.
Pinterest's stock (PINS) returned higher in the intraday levels amid the dominance of the upward correctional trend in the short term, with support from the 50-day SMA, countered by negative signals from the RSI.
Therefore we expect the stock to climb and target the resistance of 30.00, provided the initial resistance of 26.32 was breached.
Expected trend for today: Bullish