dorfmanmaster

Bull on Zillow

Long
dorfmanmaster Updated   
NASDAQ:Z   Zillow Group, Inc.
Flag is forming (again) on Z.

Technicals

  • RSI(10) @67 on higher highs
  • ADX @45 on higher highs
  • SMA(50) crossing above SMA(200)
  • SMA(100) crossing above SMA(200)

Note:
Would not buy if it breaks the $44.3 support line. If it bounces upward, consider being Long.

* Remember to always set your stop-loss and profit-exit orders to protect yourself and balance the risk/reward.


Happy trading Tuesday!
Comment:
Z is bouncing of the $44.4 (new support line).

If we can break $48.55, trend could go on a long rally.
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