$PINS - RC -
Added 2023-12-16 19:00:44 +0000 UTC$PINS has been labeled by some Wall Street analysts as their pick for 2024 and it immediately reacted positively to this news but what I like most about this chart is what happened in May 2023.
The controlled pull back in 3 waves for Wave 2, held the 0.618 Fib extremely well and bounced in a V shape recovery from this.
This confirmed the impulse wave and the move next was very bullish.
Our Wave 3 target as always is at the 1.618 Fib at $41 but this can continue moving higher to Wave 5 for the length of 2024.
