Chart Reading: PINS on the move finally?
PINS may be on the move ... but has to first contend with 2 heavy congestion zones ahead.
This chart reading uses MA's, simple VPA (Volume Price Analysis), MACD/Momentum and "built-in" Bar Strength analysis
The weekly view is much easier to see given the high volatility on the daily TF .. there's finally some positive sentiment building up on the weekly - the weekly also shows that recently there is (relatively) good reaction to up moves and weak reaction to the downside ...
let's keep an eye on PINS
thoughts & comments ?
This chart reading uses MA's, simple VPA (Volume Price Analysis), MACD/Momentum and "built-in" Bar Strength analysis
The weekly view is much easier to see given the high volatility on the daily TF .. there's finally some positive sentiment building up on the weekly - the weekly also shows that recently there is (relatively) good reaction to up moves and weak reaction to the downside ...
let's keep an eye on PINS
thoughts & comments ?
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