$PINS Pinterest Inc Stock Robo Analyst August 3 2020 #PINS

Pinterest Inc (PINS) “On a long-term technical basis, the stock (PINS) is trading above its 200-day moving average which generally implies it is in a positive trend.

The stock has support at 27.83 and 24.35. If the stock breaks down through support at 27.83 then it will probably continue lower to 24.35. The stock will meet resistance at 37.38 and 43.05. If the stock breaks up through resistance at 37.38 then it will probably continue higher to 43.05. The 200-day moving average is at 20.51. This will also act as support. The stock is neutral according to the Stochastic Indicator (58.30).”