My analysis: $ZNGA to break 200 MA. Target resistance levels at $9.50. 180 day pattern is forming a bull pennant. Reinforced by MACD and RSI levels. Thoughts? "I'm not an expert but I have watched a number of youtube videos" NASDAQ:ZNGA
ZNGA is still holding its range while SPY is falling since 4 days PTON should be a stronger stock than index
NASDAQ:ZNGA has quickly broken its levels and is moving in an upward channel. As long as momentum stays strong and bulls stay in control, ZNGA should have no problem reaching its next resistance levels. Things to watch are for a break in price channel and/or a break below the 100 SMA, this could be an early sign of reversal.
NASDAQ:ZNGA is going to be interesting to watch over the next couple days. After a month and a half of trading down, ZNGA is finally showing some upside as it has broken out from its downtrend. The current diagonal price channel somewhat resembles a Bullish pendant or flag which could play out into a quick move into the 9.30+ range or it could consolidate and...
daily/hrly demand 8.1-7.5
Znga Daily short in 60min at 9.6 & 15min at 10 inside same daily supply Pro: 1.Hrly zone and 15 both zones are with 2 exciting red candles 2. good stecture of zone 3.Stock is already in downtrend in Daily chart 4. Level over lever in 60 min and 15 min one on top of other Con: 1, not the origin of the move
Through the pandemic it has been no secret that video game stocks like ATVI and EA are very strong performers since so many people are stuck at home. But you don't hear much about ZNGA, even though it fits the same mold and has been on a great run lately. On top of that, they made a great acquisition lately which will grow the user base and demonstrates...
These are my thoughts based on Elliot waves and Fib levels/targets. I have an extension on the initial wave then a retracement on the big move up after their most recent acquisition. I think it definitely has the opportunity to soar past $10.6 once we get the pullback but that is my target once we pullback to $8.6. They just recently had a acquisition that...
$ZNGA is closing in on a decision point this December and is likely heading lower. Earnings are largely baked in to the current stock price (and may be overstated).
Classic ascending wedge is a big bearish sign. Note that on MACD and RSI the lower highs with each price high. I am expecting a drop to around the $6.00 mark before the year ends.
ZNGA reversed off its resistance at 6.16 where it could potentially drop further to 5.50. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Conclusion for today’s Zynga Inc Intraday analysis: Bullish momentum is expected to continue with a minimum price target of 6.65. An intraday timeframe (6 hour) candlestick chart of Zynga Inc. is presented in today’s analysis.The uptrending action in price since November 2018 is highlighted with the use of a bullish trendline. The 50 moving average and 200...
ZNGA’s innovation outlook is trending up based on a current score of 68 out of 99, outperforming sector average. Jobs growth over the past year has increased and insiders sentiment is negative. It is most exposed to Facebook, Inc. as its supplier. Over the past 4 quarters ZNGA beat earnings estimates 3 times. For more analysis and articles visit our website .