Pinterest (PINS: NYSE)

Pinterest (PINS), a visual discovery social media platform, is discussed in the context of its partnerships with companies like Adobe and Salesforce to deploy its API for conversions. The API product now accounts for nearly 30% of Pinterest’s revenue. The analysis suggests that the explosive growth fueled by AI is a major driving force behind Pinterest’s overall growth.

The mention of a deal between Amazon and Pinterest to bring Amazon’s ads onto Pinterest is highlighted, with the expectation that the most meaningful revenue from this partnership won’t start rolling in until early 2024. The analysis expresses a bullish sentiment on Pinterest (PINS), suggesting an entry above the $34.80-$35.50 range, with an upside target set in the $50.00-$52.00 range.

Disney (DIS: NYSE)

Disney (DIS), a legacy media and entertainment company, is discussed in the context of its strides into streaming services in recent years. CEO Bob Iger’s efforts to ramp up annualized cost savings, especially in the streaming business, are highlighted. The analysis expresses optimism that Disney’s streaming business is on track to turn profitable by autumn, with several theatrical releases from iconic franchises scheduled for the year.

The analysis conveys a bullish sentiment on Disney (DIS), suggesting an entry above the $84.00-$85.00 range, with an upside target set in the $124.00-$126.00 range.

Aptos (APTUSDT)

Analysis of APT on the 8-hour chart indicates that it is currently testing the resistance area of $10.30 to $11.00. Given the overbought condition on the chart, there’s a possibility of a rejection in the next day or two. In preparation for potential market movements, you’ve identified the first support level around $9.00.

If APT maintains support at $9.00, your plan is to enter a long trade. The profit-taking strategy involves targeting the next resistance areas at $10.30 to $11.00 and subsequently around $12.30 to $13.00. This strategic approach, if successful, could result in a substantial gain of approximately 45%.

To manage potential losses, a well-defined stop-loss order has been set just below $8.50. This risk management practice is crucial for protecting capital and ensuring that losses are kept within acceptable limits.

Astar (ASTRUSDT)

ASTR, with a market cap of $972 million, is currently in a consolidation phase, solidifying support at $0.17. For short-term traders focusing on range-bound trading, the next target is identified at $0.1913. Upon successfully breaking and clearing above this range, the subsequent resistance level at $0.23 becomes the next target, offering a potential move of 35%.

However, it’s essential to consider the broader market conditions, and in the event of a market downturn, the next support level for ASTR is at $0.12. This information is valuable for risk management, providing insight into potential downside scenarios.