Volume accumulating around the $8 area from September long and post-earnings report in November.
POC of volume profile (past 5-6 months) is around $9 area, I'm targeting that price to scale out.
NASDAQ:ZNGA
POC of volume profile (past 5-6 months) is around $9 area, I'm targeting that price to scale out.
NASDAQ:ZNGA
Comment:
Edit to above: Meant to type September Low
Trade active:
Still in the trade, POC near 9.40ish, position average in the 8.30s, still room to the upside.
Trade closed: target reached:
Closed 100% position at 8.91, wanted a break of $9 but couldnt get it, didnt like that ZNGA hovered around highs for 2 days, great swing, will look to re-enter long at 8.50