Articles tagged with PINS

I've written much lately about the strengthening communications service sector (XLC). Year-to-date, the XLC is the strongest sector (+23.76%), edging out technology (XLK, +19.72%). But the best news of all is that it's on the verge of a neckline breakout in a bullish, bottoming, reverse head & shoulders pattern. If that breaks, we should see areas like internet ($DJUSNS) and broadcasting & entertainment ($DJUSBC) get a lift. One stock in internet that certainly seems poised to benefit is Pinterest, Inc. (PINS):...keep reading

You can't just threaten to make a breakout, you actually have to make the breakout. With Pinterest, inc. (PINS), it's the actual breakout that we need to see. Internet stocks ($DJUSNS) have been both absolute and relative laggards, but stocks like PINS are beginning to show some relative strength amongst industry peers. I just wouldn't be ready to follow stocks like PINS until it at least makes a key price breakout. Check out the chart here:...keep reading