I could tell right away I liked it on a pullback, so I did some work and here is what I have so far.
Take a look and see what you think:
Zillow looks great to my eye. Buy on a pullback to 101. Buy on any dips under 105. Buy on ....... and Buy on .......
Plus there is a big cup&handle formation that it broke out from.
Also note the 1-year I put in the chart. Note how it is just plugging along on those. Fascinating.
5:06PM EST Monday, May 19, 2014
I did an analysis here (not sure why its not showing up under the search of Ideas for Z though?):
$140 seems to have been a support level that gave way last week and Z ultimately went as low as $124 on Thursday before bouncing back to just over $130 for the close on Friday.
Seems the trending move higher has exhausted itself for the time being.