TOWN pumping. Metacoin related to GALA and co-founder of ZyngaTOWN is moving well even when the market had a pullback
Triangle breakouts are a standard chart pattern and can result in strong pushes up when they break out
TOWN Is related to GALA and the co-founder of Zynga is behind both
TOWN is only listed on a small number of exchanges with OkEx being the largest.
This is a chance to get in early on a Metacoin instead of coming in late after it has gone up 1000% and pumps like crazy as it moved on to more exchanges
This coin is so new that I had to zoom all the way in to 30 minute time unit to see some detail.
Get in now while its just a baby and hold on tight for mega growth
Zynga
$ZYNGA LONGZynga, Inc. provides social game services. It develops, markets and operates social games as live services played on mobile platforms such as Apple's iOS operating system and Google's Android operating system, and social networking sites such as Facebook. It offers Chess with Friends, Crazy Cake Swap, Draw Something, FarmVille, Gems with Friends, Ice Age: Arctic Blast, Looney Tunes Dash, Speed Guess Something, What's The Phrase, Wizard of Oz Magic Match, Yummy Gummy, Free Slots, Black Diamond Casino, Hit It Rich, Zynga Poker and Willy Wonka Slots. The company was founded by Mark Jonathan Pincus on April 19, 2007 and is headquartered in San Francisco, CA.
$ZYNGA buy of a lifetimeExtremely oversold. $9 by December. loading up on calls slowly in august. im even buying stock.
zynga at 200 EMAi love when companys are at the 200 ema (the white line) usally ts a great buying opp. ive been a buyer of zynga since 3.00 dollars. i love what they do. i love the apps they came out with. alot of diversity and they buy up a lot of companys. they've got a lot of cash on hand witch is always a good thing.
ZNGA STOCK 04/03/21 ANALYSIS 4H CHARTTREND ANALYSIS -
📑VALUE: 8/20
📈GROWTH: 18/20
💰PROFITABILITY: 16/20
🚀MOMENTUM: 14/20
💸EARNINGS: 8/20
🖇️TOTAL SCORE: 64/100
ZYNGA Momentum ShiftZynga has been in a bull flag or descending channel structure for the better part of 4 months. Zynga has received some notable buzz around some of their recent business acquisitions. Looking at the chart, we see bullish divergence on the RSI, Momentum indicator, and a bullish MACD cross signaling a change in trend. A close above the channel EQ could trigger a move toward the top of the channel at $9.50.
Zynga - targets reachedCheck my last ZNGA analysis. We re-buy ONLY if we break out. Sell and wait at this point
ZYNGA is a legendary game maker, ton of growth ahead.
ZYNGA - VERY SIMPLE AND STRAIGHTFORWARD NASDAQ:ZNGA make or break moment for Zynga. Either bounce off blue line to the stratosphere or get your shovel out and start digging a channel to China. #zynga #gaming
ZNGA Finding RangeNASDAQ:ZNGA is going to be interesting to watch over the next couple days. After a month and a half of trading down, ZNGA is finally showing some upside as it has broken out from its downtrend. The current diagonal price channel somewhat resembles a Bullish pendant or flag which could play out into a quick move into the 9.30+ range or it could consolidate and trade in its current channel. On the downside there is a gap on the day chart which was followed by a quick move up to 9.15, another key level to keep in mind.
ZNGA Melting UpThrough the pandemic it has been no secret that video game stocks like ATVI and EA are very strong performers since so many people are stuck at home. But you don't hear much about ZNGA, even though it fits the same mold and has been on a great run lately. On top of that, they made a great acquisition lately which will grow the user base and demonstrates management's hunger for growth. IMO the chart is looking very bullish and currently melting up towards $10.
Positions:
Have been holding the 1/15/21 $10c since the stock was $7.50 in late April. Currently up 100% and gaining.
Target: sell when ZNGA hits $11 region - expecting in Q3. Depending on price action I might hold 1 contract to actually exercise. I like the long term story too.
Reassess if turns decisively back to $8ish
ZNGA to $6.00Classic ascending wedge is a big bearish sign. Note that on MACD and RSI the lower highs with each price high. I am expecting a drop to around the $6.00 mark before the year ends.
Zynga Stock Price: Intraday Analysis and Bullish Bias….Conclusion for today’s Zynga Inc Intraday analysis: Bullish momentum is expected to continue with a minimum price target of 6.65.
An intraday timeframe (6 hour) candlestick chart of Zynga Inc. is presented in today’s analysis.The uptrending action in price since November 2018 is highlighted with the use of a bullish trendline. The 50 moving average and 200 moving average (MA) are also used for the purpose of following the current bullish trend.
Zynga (ZNGA) reached a price peak of 6.62 on August 1, 2019 that was followed immediately by a sell off. The ensuing selloff after the August 1 peak did close below the 200 MA, which implies a bearish bias. However, the trendline as drawn indicates the selloff consolidating and successfully testing the long term trendline.
Evidence of a successful test at support (long term trendline) includes bottoming price action (i.e. consolidation) and lack of continuation of downside market action. Also worthy of note is the formation of what is rather known as a rectangle bottom chart pattern (not shown here) at the long term trendline that lasted between August 16, 2019 and September 13, 2019 that saw price action break out of the pattern to the upside.
Zynga close the day at 6.04 which on the 6 hour timeframe is trading right under its 200 moving average. Continuation after breakout from the rectangle bottom chart pattern (ideally bearish) would require Zynga Inc. (ZNGA) to trade and also close above its 6 hour timeframe 200 moving average.
5.51 and 5.66 provide a support zone for price which also coincides with its long term trendline. Lack of a break above the 200 moving average could see price return to the aforementioned support zone. A break below 5.51 implies resumption of bearish momentum and further lower prices to be anticipated.
The minimum target for the current bullish analysis for Zynga is 6.96 with 7.35 and even 8.49 representing higher price targets or levels.
$ZNGA hitting strong resistanceZynga tried to break out of its downward channel today and met strong resistance around $5.80
The stock should fall to the 200 dma in the next week or so.
Price target $5.20
Bet on Zynga?Zynga earnings come out next week, and are expected to grow! The Megalodon indicator is giving us a buy signal! The Megalodon combines 540 buy setups on top of 2000 indicators with an AI to produce highly accurate buy signals! It is a very powerful tool, and the only technical indicator you will ever need. Send me a message to find out how to use it for yourself!
ZNGA MAKING A CORRECTION FOR ONE MORE DOWN?ZYNGA seems in the middle of a correction after the previous wave down. If this is the case i'm expecting one more impulsive wave down.
A Boring Video Game Company ZYNGA, with more than 10 millions of volume traded today this share is still bearish, but maybe not for long, considering last year its performance raised more than 55%, so if this share is capable to soar until that level, well it means this year it could do it at 25% at least, so still there's room to play in. However it seems to be coming down to go up then, so here's the scenario for this boring stock of game developer.
Have a Good Trading Week
Cream Live Trading, Regards!
Zynga wedge breakoutTraders,
This stock has been on my watchlist for a while.
I was looking to play 2 scenarios.
Buying a dip into 3.20$ or buying the continuation breakout higher.
Now we have a close above the upper wedge line. From a technical perspective an entry with a tight stop seems reasonable.
Check out the fundamentals of this stock.
Good luck.