$PINS Our Interest in Pinterest

*This is not financial advice, so trade at your own risks*

*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*

*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*

My team has had eyes on popular online product and idea discovery platform PINS for the past few weeks. After correcting from a previous all time high of $89.90 it now sits at $66.05. We expect PINS to perform well short term, but we have set a long-term target of $103. Our long entries are being placed tomorrow within the $62-$67 zone. From there we expect PINS to jump back to the mid $70.00 zone in the next couple days. This trade is nullified if PINS hits our stop loss at $60.00.

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