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Buying Pinterest Before Earnings Was A No Brainer by rollandthomas

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· @rollandthomas · (edited)
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Buying Pinterest Before Earnings Was A No Brainer
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▶️ [Watch on 3Speak](https://3speak.co/watch?v=rollandthomas/rasjfjon)

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Snap blew out the earnings a week ago, its stock mooned, pulling all other social media stocks with it.  Pinterest announced their earnings a couple of days ago...and did the same.  Going long Pinterest prior to earnings was a no brainer.  

https://finance.yahoo.com/m/bb99c36e-6ca7-3933-96da-cbf0f6eb734a/snap-defies-the-bears-with.html

https://www.fool.com/investing/2020/10/28/3-reasons-pinterest-could-soar-on-earnings/

https://www.marketwatch.com/story/surge-in-pandemic-pinterest-users-continues-stock-jumps-more-than-20-toward-more-record-highs-11603916620?siteid=yhoof2

https://finance.yahoo.com/news/pinterest-pops-20-big-q3-202630881.html


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I use multiple time frame (MTF) analysis to improve my discretionary trading decisions. MTF analysis involves analyzing the same asset on multiple time frames. The rule of thumb when using MFT is you want your charts to scale down/up by 4X – 6X. In my case I tend to look at:

Monthly Charts (curve time frame) – which represents that jet fighter flying over the football stadium.
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4 Hr Charts (entry time frame) – which represents the center hiking the ball to the quarterback.

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▶️ [3Speak](https://3speak.co/watch?v=rollandthomas/rasjfjon)

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vote details (62)
@chekohler ·
Pinterst is a good buy, their monetisation is now only at the beginning and they only in 20 countries with the service so once they get enough data they'll roll out to more as well as them seeing bigger growth numbers in users from outside the US. Pinterest is actually my sites biggest traffic driver on the social side beating out Facebook now

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