Pinterest widens gains - Analysis - 15-11-2022

Economies.com
2022-11-15 11:53AM UTC

Pinterest's stock (PINS) rose in the last session while trading alongside the upward correctional short-term trend line, with positive signals from the RSI, surpassing the resistance of the 50-day SMA and shaking off its pressure. 

 

Therefore we expect more gains for the stock, targeting the pivotal resistance of 26.30, provided the support of 21.00 holds on.

 

Expected trend for today: Bullish

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