PINS has ran up after earnings into all time highs. It has become overextended after this run up going beyond the bollinger bands, created overbought signals. Now that is has reached all time highs, it will act as resistance. I expect a pullback to the $33 range.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.