Shares of Zillow have seen a ~40% correction from 52-week highs since mid-February.
Though the stock prices have declined the housing market seems to show no signs of cooling down.
The stock price currently bounced off the trend line acting as a support and also enjoys a strong support zone as shown in the chart.
Current price- 52.62$
Double bottom and strong support zone.
55$ is the next resistance level.
Double bottom on the RSI.
I believe ARKF is the most resilient among Cathie Woods disruptive innovation ETFs.
Current price ~ 39.55USD.
NIO had found support on the 50MA earlier with a double bottom and had bounced off for great gains before the current retracement.
Double bottom and support on the 200MA now is a good entry point.
With the RSI bouncing off the current key level to watch is 40$ with a good volume spike!!