ZAYO - Bull Flag formingZAYO - Bull Flag forming after recent price momentum. Short term outlook appears to be bullish. Lots of discussions that ZAYO will be acquired for low/mid $30's by one of Blackstone/Google(alphabet)/Century Link.
ZAYO
ZAYO - H&S formation short from $34.67 to $30.15 & LowerZAYO seems to be breaking down. It could be possibly a Long term H&S formation. It had 168 million worth insider selling recently , and huge more insider selling from January till now. We think it has strong downside potential.
* Trade Criteria *
Date First Found- December 5, 2017
Pattern/Why- Potential Longer term H&S formation
Entry Target Criteria- Current Price ($34.67)
Exit Target Criteria- 1st Target $30.15 2nd Target $23
Stop Loss Criteria- $36.15
Indicator Notes-Twiggs moneyflow getting deep in the negative side.
Special Note- 168 million worth insider selling recently , and huge more insider selling from January till now
Please check back for Trade updates. (Note: Trade update is little delayed here.)
Zayo Nice volumeThere are two volume based indicators are plotted in upper panel andthe bottom panel indicator is about to cross 80 line. Go Long.
ZAYO Day Trade Gap N Go (Brad Reed Mar27,2015)ZAYO expected to open at 29.35 for a Gap N Go. Watch out for nearby pivots. To learn to trade this strategy for free go to www.RealLifeTrading.com
