The Long Investor
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$PINS
🕑 Added 2025-05-09 12:24:27 +0000 UTCAlso reported after the close yesterday and the market likes it, up +13% in the PM.
Although it was not a clean beat, it did drop to inbetween the 0.618 Fib and 0.78 Fib leading into earnings, so a bad report appears to be factored in.
Price is already back above the 0.5 Fib and testing the 200 Day MA exactly now at $31 in the PM.
No changes to the chart and if the price can break above the blue line at $36 then it is into the Bull Case and the Wave 3 target is at the 1.618 Fib at $70.
Comments
Dan Duffett
I wonder if it can then replicate its 2020 march higher. Topped out around 90 back then. Then a report knocking its user number calcs marked the start of a long turn down
