Z trade ideas
$Z HUGE upside*Before reading the information in this please understand the risks associated with both the stock market and investing as a whole. ALWAYS do your own research; invest with conviction, rather than emotion.*
*Please understand I am in no way a professional and offering investment advice, all ideas shared are simply opinion.*
*I work with a team of individuals that does research into potentially undervalued publicly traded companies. We use a mix of fundamental and trend analysis to formulate a trading plan for our securities.*
I heard any interesting fact from a relative this past week; going forward, there will be no new-house listings under $300,000 in my city of Charlotte, NC. I did some research on that in my free time, and found that he was 100% correct. The housing market is oversaturated currently, both locally to me and nationally; there are more buyers than sellers. This oversaturation is causing any houses "worth buying" to be sucked off the market within a week of being listed; sometimes closing same-day! This paradox of houses closing sales so much quicker than average is a family may be able to sell their house within a week of listing, but unless said family has another residence lined up, they face the same trials and tribulations buyers currently face in the market; finding a good house before a sale is reached. This holds many families, including my own, from selling their house. Being a buyer in the housing market in its current state is nothing short of a headache.
On the opposite end of the coin, Zillow ($Z) is doing more than helping consumers in the housing market find houses for sale, as well as apartments for rent. This information-technology company is actively buying property all over the United States, offering cash for consumers' houses. Zillow also has recently unveiled their own team of real estate agents, allowing Zillow to buy (and a lot of times flip) land and property and sell them directly to their customers through their real estate team, rather than agents reaching private agreements with landowners to sell. Zillow's operations are set up thrive in current real estate market conditions, they are making the home and property buying processes seamless for their customers. Zillow had total revenue of $1.22B in 2021 Q1, where industry average was $268M; their Q1 net income $51.96M compared to industry average $5.94M. Zillow appears to be “leaps and bounds” ahead of their competition.
$Z saw an all-time high share price of $208, and currently sits at a price of $115.29. Zillow could have seen their struggles on the chart this year due to the metal and lumber price spike, as well as the buying conditions listed earlier. Construction supply prices are coming back to normal, and Zillow’s recent announcement of their team of real estate agents is set to help consumers on the buying side of the real estate market. These two factors could allow for Zillow to formulate a reversal. I like buying $Z at this price level a lot, the fact that it has hit a share price of $200 in 2021 shows the stock has potential to go back to that price level. I am hunting an entry this week there is active support at the $100 price point, and I am seeking a long-term entry in the $105-$110 range.
Price points are as follows:
ENTRY: $107.50
STOP LOSS: $100
TP1: $160
TP2: $200
There is 81% upside on this trade, and a 9 risk-reward ratio (!!!). This is a very high potential, low-risk trade that could potentially double in a medium-term holding. I like Zillow as a long-term hold, and think securing an entry after this dip from $200 has potential to reward an individual for the next few years.
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Zillow at the 50%I have been stalking NASDAQ:Z for weeks now. Today's down move brought price back into the consolidation and the short term 50% Retracement of the 6/16 - 6/29 bullish move. It lets me setup a low defined risk trade to play the wider movement of the stock
Are the Bulls Finding a Home with Zillow?Like many small growth stocks, Zillow pulled back hard between mid-February and mid-May. And like many small growth stocks, it’s now showing signs of returning to life.
Notice ZG’s basing pattern above $105 in the last two months. This is a sign of stability as selling pressure abates and buyers get comfortable with triple digits.
Next are the closes above the 50-day simple moving average (SMA) in three of the last four sessions. That marks a charge for ZG, which had been trapped under that line since early March.
The 8-day exponential moving average (EMA) has also risen above the 21-day EMA, a sign of shorter-term momentum getting more bullish. Again, it’s the first time this has happened in a lasting way since early March.
Fourth, notice how MACD has been rising steadily for the last month.
Finally, you have the falling trendline along the highs of March and April. ZG has recently been breaking free of that resistance as well.
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Z potential brekoutZ has broken out on the Daily chart of this pennant.
Potential move to the upside
ZillowThis is huge in my veiw. Backtested old resistance as new support. Consilidation before ripp back to old highs potential. I’m bullish !
Z breaking the downward trend Housing marketing is doing really well, long swing idea up to augest earning.
Pullback FishingZG formed an ugly top and a deep pull back ensued.
Price has hit C for an ABC Bullish pattern. Sometimes C is not C and price can dive down to make a double bottom, or further. No guarantees. Price hit C twice so could call it a double bottom, but at the least, I call it a sort of confirmation.
The indicator called Auto-fib can help find C. Reverse it if need be to have the 0 at the bottom and not the top. I usually put long entry level at the .236, but it depends on resistance above as well. Sometimes the .382 works as a long entry level. This one appears to be moving so I would choose 120.70 to clear resistance I see. Long entry levels is subjective. I bought this closer to C.
I have found that when price hits that 0 on the nose, it is often an ABC bullish pattern, but not always. For example, PENN hit the 0, went up and came back down to go slightly below 0. It is not an exact science (o:
First you need to recognize the fact that you may have an ABC pattern, and you C should be above A. Finding the impulse wave which is AB is the first step. BC is the corrective leg. The stop goes under C.
You can use the targets on the Auto-fib indicator which are conservative. You can also subtract A from B, the take this number and multiply it by .38, .62 and .79 and add those targets to your long entry level. To get targets 2 if targets 2 are possible, multiply this number (B-A) x 1.272 and 1.618.
If interested in this security, just do the math (o: Any pattern can fail
No recommendation
Watch out Zillow! I suggest you get your butt above 120 or this won't end too hot in the coming weeks.
Zillow Group - Emerging From A Tight Consolidation RangeStock price attempting to move out of a tight consolidation range, with strong candle structure just below the pivot.
Stock clearing the 8 x 21 EMA.
RSI in a bullish regime.
MACD crossing above the zero bound will add further confirmation.
Last: $117.29
Stop: $112.60
Target Range: $128.00-131.00
This idea could work on Z! 🤩Z has a pivot at 115.58, and if broken, this can lead the price to higher levels. We have a strong support at 112, that must not be lost again – or Z will keep dropping to the 108s.
By breaking the 115s, we might see Z at 130 in the next weeks, but it is still trading inside the range between 119 – 108, so, we must be careful.
The BBs are getting very tight, and we’ll see something good around any time soon. Let’s just be aware of these points!
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See you soon,
Melissa.
Z LongWith growth tech being pumped like steroids in a Florida gym, this bad boy is due for a breakout.
Target 130, find your own entry though.
Zillow - Symmetrical Triangle - Breakout Zillow formed symmetrical triangle in daily chart. Breakout soon , can be any direction. Two target price at the apex region.
$Z Monthly Chart Zillow Monthly chart. Price went down 200SMA. Price and Volume in downtrend.
-- Beginner to charting. Chart may not correct or perfect
-- This chart is for my own log for personal user
$ZG Watch this bounce 🙏💰💲Clean set up, If weekly IB holds even better for me. All info on chart, any questions feel free to ask , GL all :)
ZG Bullish divergence on the daily with momentum at the PCZ of a harmonic. The QQQ's look to be bullish on the week . Lets see what plays out.
ZillowZillow is a mobile app and website for the sale or purchase of a home, financing, renting in the United States.
For Zillow, the pandemic and mortgages close to zero interest rates have spurred the company's revenue growth. Secondary home sales in 2020 were the highest since 2006.
On February 10, Zillow posted earnings for the 4th quarter and full 2020. According to the report, revenue for the year grew by 22%, but in the 4th quarter it decreased by as much as 16%, despite strong revenue growth in its mortgage segment in the 4th quarter. The fact that revenue will not grow in 2021 is becoming more and more obvious.
Mortgage rates are at an all-time low, but lending standards are the strictest in the US in decades, limiting the number of buyers. Fannie Mae forecasts for 2021 sales and house prices are not encouraging.
The current level of share price is too high given that short-term revenues in Q4 actually fell by 16%, and Zillow ad revenues will stop growing this year, profit growth will depend only on cost control, but keeping the growth by reducing costs will not convincing to investors.
