ChrisPtaco_32

PINS - Is it time to pullback?

NYSE:PINS   Pinterest, Inc.
Pinterest is finally starting to look a little weaker after a massive 40% pop in July. I have been watching that gap for quite some time just wondering if it will ever get filled.

Clear divergence on the MACD and RSI as it has just continued to chug higher. I am hoping it comes back down to the $25-$35 dollar range so I can actually pick up some shares. This one looks like a clear winner to me considering long term trends and the want/need of the US government to increase competition on the mega cap stocks such as Facebook.
Penafian

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