Long
ZNGA Pullback Then Headed to $10.6?
These are my thoughts based on Elliot waves and Fib levels/targets.
I have an extension on the initial wave then a retracement on the big move up after their most recent acquisition. I think it definitely has the opportunity to soar past $10.6 once we get the pullback but that is my target once we pullback to $8.6. They just recently had a acquisition that people are very bullish on, and multiple PT raises.
What do you guys think? I'm new to this so advice is appreciated.
I have an extension on the initial wave then a retracement on the big move up after their most recent acquisition. I think it definitely has the opportunity to soar past $10.6 once we get the pullback but that is my target once we pullback to $8.6. They just recently had a acquisition that people are very bullish on, and multiple PT raises.
What do you guys think? I'm new to this so advice is appreciated.
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