Great run and now consolidating at highs it hasn't visited in a loooong time. Moving averages have just crossed over into a bullish trend but still need some separation before truly showing a bullish longer term trend. The short term however is undoubtedly bullish. It has now formed a nice bull pole pattern... the question is, will Zynga go "BAZYNGA" or reject? I...
MACD, RSI , BB all chasing back to 4 dollar range.
Would buy again if it went lower in preparation for earnings.
ZYNGA, with more than 10 millions of volume traded today this share is still bearish, but maybe not for long, considering last year its performance raised more than 55%, so if this share is capable to soar until that level, well it means this year it could do it at 25% at least, so still there's room to play in. However it seems to be coming down to go up then, so...
Traders, 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 wedge line. From a technical perspective an entry with a tight stop seems reasonable. Check out the fundamentals of this stock. Good luck.
This oversold stock is trading inside a clear trading range for about a year: 2.8-.2.4 with bottoms near 2.2$ The Head & Shoulders pattern shown in the chart was triggered during August but the price ended up creating a False Break to the neck line (assumed to be the 2.4 support zone). If that's a False Break, we may expect $ZNGA to breakout on the other...
Last 2 days have been a great deal for ZNGA fans - summarized status 1) Volume is picking up on 2 days in a row with great price movements 2) MACD has room to grow and is in an uptrend. 3) Acc-Dist has changed direction from a lont-term low favouring accumulation 4) Recent low is higher than the previous low BUT 1) With this, ZNGA has some psychologic...
ZNGA is working on a base. In probably few days trading more details will be revealed. It broke the downtrend line and retesting it. For the next 2 days is on neutral color and it will probably go long.
check out cheap options for 3.50 JUL calls .09c 14 aug 3.50c .43 4.20 Target looks ideal on this pump pre earnings unconf 7.23
I'm hoping for this to become a triple bottom reversal
Recent actions put ZNGA in a paralel downtrend and touching the 200 DMA, an important level. There are some small triangles formed between the falling 20 DMA, the 200DMA and the trend resistance. going below 200 DMA would lead further sell-off. An interesting triangle forming leading up to the earnings date (formed from the floor of the pervious gap and the down...