Zillow has unfurled and come under pressure after the announcement about merging with Trulia. Since then it has fallen from 150+ down to the 105 level.
( ) is a pure technical measurement of price against its 21 day moving average) is turning up, which suggests that downside momentum is waning.
are due in early November. There is a key level of resistance up at the $125 level and a level I am targeting for a move higher from the 109 level now. I view downside risk as the $100 level. Upside of 15 pts, vs 9 pts of downside. I would be buying a drop to 103 also as that is a big also.
108.96 last 3:27PM EST 10/23/2014