Zillow made headlines last week on a possible merger with Trulia, and the stock has since surged in value to nearly $160 a share. The buyout of Trulia was confirmed earlier today.
On the weekly chart, the stock's price fluctuations show a bull trend picking up steam in the beginning of 2014. From that point forward, has remained above , conveying the persistent strength of the bulls over the bears.
Timing is everything in the market - in our latest blog post, we discuss why traders must respect time in their trade planning, highlighting our analysis of Zillow's versus weekly chart.