This stock has been on my watchlist for a while.
I was looking to play 2 scenarios.
Buying a dip into 3.20$ or buying the continuation breakout higher.
Now we have a close above the upper line. From a technical perspective an entry with a tight stop seems reasonable.
Check out the fundamentals of this stock.
Not going to post a new idea, so adding to this one.
As you can see zynga is still edging slowly higher.
After forming the triangle it formed a trend continuing flag pattern.
I entered around 4$ with a stop below 3.60$ targeting for now 4.65$ and possibly a move into 5$. Also notice how the bulls are able to hold above the big trendchannel.
Thought to share.
Blessings to you all.