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MARKETKNOWS
Jun 19, 2019 10:52 AM

$ZG. Watchlist. I will buy ~ $25 per share, after earnings 

Zillow Group, Inc.NASDAQ

Description

There are a lot of good stocks to trade, and sadly to say, ZG isn't one of them. I haven't nothing against ZG but I'm sure the stock market has more attractive stocks to buy.

Time Frame : 4h

Resistance ~ $51

Support:

~ Uptrend channel
~ Support EMA lines
~ Strong support $27

What do you expect from earnings? If the June earnings are as expected by analysts will show negative movement, then the price will fall to this year low again. So I will wait how the price reacts on earnings to decide buy or wait.

I have the subreddit with the same name, if you wanna ask me or community, feel free to do that. Hit like, comment and follow for more profitable ideas.
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