Pinterest (PINS) shares of the social media name are showing immense relative strength and closed green Wednesday in a weak tape as it printed a bullish engulfing candle off the 41 level and continues to hold above the 21 EMA since its earnings drift consolidation has played out after the large gap up last month on its report. PINS has a clean uptrend in place on multiple timeframes and a breakout above 42.50 from here can see a surge to 45 which is an untested VPOC from back in 2021. Eminence Capital increased its large stake last quarter to 4.41 million shares. PINS recently saw a large opening sale of 2200 August $41 puts at $3.60 on 5/2 which remains in OI as well as the 2000x June 2025 $40 calls bought for $6.04 on 3/26.