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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 38.23 and 33.56. If the stock breaks down through support at 38.23 then it will probably continue lower to 33.56. The stock will meet resistance at 39.64 and 42.56. If the stock breaks up through resistance at 39.64 then it will probably continue higher to 42.56. The 200-day moving average is at 23.08. This will also act as support. The stock is slightly overbought according to the Stochastic Indicator (68.26).”
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