Get started
ZILLOW GROUP INCZILLOW GROUP INCZILLOW GROUP INC

ZILLOW GROUP INC

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Bonds

Z trade ideas

ZILLOW RISK/REWARD UNEVEN, WAIT FOR PULLBACK FOR BETTER BUYS!The risk reward of ZG has fallen out of favor, as you can see the current levels provide little to no room for "reward", and a lot of room for risk. If you are looking to invest in ZG, your best option is to WAIT for a pullback towards the red levels and enter positions there. However, we have earnings in less than a month, and the stock could use this as a catalyst to invalidate current green levels and start a new wave even past those. An earnings play here could throw this evaluation out of date. THE ABC PLAN: Watch before earnings, and make sure all entries are held until- A) Earnings prove superior performance and guidance, thus invalidating this chart because of outdated techincals B) The stock falls to the pullback levels (red horizontals) before earnings, thus providing a much better RR entry. C) The stock falls to the pullback levels AFTER a disappointing earnings, providing a great RR IF the pullback is due to an overly pessimistic view of earnings that is unfair
NASDAQ:ZG
by samblum_