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Social Media Stock Ready To Break Out Thanks To Bullish Trendline
PinterestPinterest(US:PINS) Forbes·2025-09-25 20:35

Social media stock Pinterest (PINS) just dropped to its lowest level since June after five-straight losses, pulling back to familiar support at the $33 level. Rebounding back into the black today, it looks like the stock could enter recovery mode with help from a historically bullish trendline. According to Schaeffer’s Senior Quantitative Analyst Rocky White, PINS is now within 0.75 of the 260-day trendline’s 20-day average true range (ATR), after spending at least 80% of the last 10 days and two months abo ...