Get started
Gdschandiok09

Zillow retracement looks like a great buying opportunity !!!

Long
Zillow Group, Inc. (NASDAQ:Z)  
Gdschandiok09  
NASDAQ:Z   Zillow Group, Inc.
Trend Analysis Chart Patterns Technical Indicators zillow zillowgroup LONG longsetup Technical Analysis realestate realestatesector
3
0
trendanalysis chartpattern indicator zillow zillowgroup long longsetup technicalanalysis realestate realestatesector
Date- 4/42021
CMP- 133.41USD

Shares of Zillow have seen a ~40% correction from 52-week highs since mid-February.
Though the stock prices have declined the housing market seems to show no signs of cooling down.
The stock price currently bounced off the trend line acting as a support and also enjoys a strong support zone as shown in the chart.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.