Description: ZG is trending higher and in an uptrend meaning that highs are getting higher and lows are getting higher. The uptrend line on the chart and the Trending Band Indicator (which measures trend) supports the Long Position.
1. Ideal buy range: $140 - $152.6
2. Take profit: $206.72
3. Stop Loss: $129.87
4. Risk To Reward: 1 / 5
5. Accuracy Rating: 97%
Zillow Group, Inc., a digital real estate company, operates real estate brands on mobile applications and websites in the United States.
Here's another one I like , good company in terms of growth prospects and extremely high institutional ownership at 97%.
I think that it's been beat up quite a bit due to rising yields but expect there is a good possibility of...
Hey my friends, ZILLOW GROUP is in a bullish push with a decrease in sales volume made and a hammer candle shape. The TIMEFRAME M1 gives us a dash with a low negotiated buy volume. Go towards the base of the bollinger to go to the top of the consolidation zone to test it. Great propability to breakout the price with the return of momentum then then the zone to...
$ZG have successfully broken out of its 8 months trend channel, infusing a further upward accelerated move of +11.51%. This is a cumulative gain of +55.14% from the Bullish Reversal Hammer on 10th November, previously highlighted.
Currently, the upper trendline resistance-turned-support, have price action bounced off on 21st December 2020, acting as a first line...
$ZG exhibited a well respected trend channel since April 2020, a significant 8 months duration. It underwent a technical sell off of -15.76%, on 9th November 2020, with price action being resisted at its upper trendline.
The exhaustion of the selling was witnessed during the afternoon session of 10th November 2020, with $ZG closing the day with a Bullish Reversal...
I am a professional trader with over 7 years of equities experience.
I've worked at an energy trading company, a Fortune 500 company, and one of the top management consulting firms in the world.
I left my high-paying salary as a management consultant in early 2018 for a career in investing and trading.
I've been a full-time equities trader ever since.
ZG has recently bounced up off its supporting trendline and has formed a bullish rounding formation. Target is $53 before the gap in the hourly chart, which will act as resistance. The 13 and 30 ema are forming a crossover, which signifies another bullish movement on hourly chart.