Osborne820

Squeeze Candidate on break of long downward trend line.

Long
NASDAQ:ZNGA   None
Bounced Perfectly off S3 on Capitulation drop with huge volume. Recovered and has moved up signaling bottom. Bullish Divergences on Stoch and MACD with Pending MACD cross. Also Breaking above the Tenkan-sen on a nice move. Kijun breakout pending as well. Expecting a quick and big move soon based on high level Short interest and big drop it has seen since march.
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.