Well let me tell you @Maddy50 frankly chart is not looking that much attractive but it is just making zigzag pattern in a bullish range. But still if you see breakout in it then it could be a best buy for upside and we can see PINS towards 37/40+ levels in coming months. But we should wait for breakout. Or one another trade can be executed at lower levels...
Pop back into the underside of the 20d/annual pivot is where I’m thinking we get a good short opp. Hoping it can spike up into the level as opposed to grind up there.
WHAT TO KNOW? We are in a discount phase, investors do have an incentive to go in, for a simple reason: a HUGE volume of sales (to not be emotional VERY HUGE) and a price under the equilibrium; an uptrend forecast WHAT TO EXPECT: 1_ WORST CASE: Prices Fall to hit Trade Box's bottom (i.e. 49.8 USD) then improve to break event 2_ CONSOLIDATION: since we are below...
ideally to go long if 9 MA is above 21 day MA & 200MA.