Zillow is down ~45% from this years peak, and almost back to the December 2018 dip. Recently, the SMA21 has been a rejection point; but price seems to be stabilizing and getting squeezed by that SMA21. RSI is increasing for bullish divergence, volume has a slight uptick. So could be ready to move up.
Placing stop under current support.
Price target 1) 0.236 FIB 2) S&R as shown in the blue circles 3) Near SMA50 for
For 15% gain R/R 4x
Placing stop under current support.
Price target 1) 0.236 FIB 2) S&R as shown in the blue circles 3) Near SMA50 for
For 15% gain R/R 4x
Note
Good stock pick, but massively exceeded target
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.