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timwest
7 de Oct. de 2015 19:17

BREAKOUT for Zillow Group - Z - Daily - Target $31.50 Largo

Zillow Group, Inc.NASDAQ

Descripción

Zillow and Trulia merged to form ZILLOW GROUP and now trades under the symbol Z. There are no charts published here at TradingView under the new Z symbol.

A breakout to newhighs in this market condition are very bullish for Zillow Group.

Buy pullbacks to this zone and target a retest of the high and use oversold readings of CCI(11) to buy and add on strength after corrections.

I think this is a great new trend and it likely will have a decent amount of time to rally. I would like to see more volume on the breakout that we are seeing today, but I think it is a sign that there are a few buyers and the sellers are cleared out of the way. New buyers would have to drive up the price very fast to find stock to buy.

Zillow - Z - 29.80 last

Tim 3:17PM EST Wed Oct 7, 2015

Comentarios

Target reached earlier at 31.50-

Operación cerrada: objetivo alcanzado

Looks like someone upgraded the stock. It traded plenty of stock up at 31.50
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