Zillow Breaks Below Key Chart Support
For detailed commentary and analysis, see our blog post published 9/27/2014: syncubate.com/blog/2014/9/26/zillow-breaks-below-key-chart-support
Last week, Z tagged the $123 support area and bounced off of it, to close the week out at $130.97. However, there was no carry-over in bullish momentum. The stock has since fallen below $123, finishing Friday's trading session at $121.75.
Friday's close is significant in that the $123 level had been fiercely defended by the bulls on the weekly chart multiple times since June, as noted by the blue arrows.
Stay up to date and subscribe to our blog to receive the latest posts via email: syncubate.com/engage/
Last week, Z tagged the $123 support area and bounced off of it, to close the week out at $130.97. However, there was no carry-over in bullish momentum. The stock has since fallen below $123, finishing Friday's trading session at $121.75.
Friday's close is significant in that the $123 level had been fiercely defended by the bulls on the weekly chart multiple times since June, as noted by the blue arrows.
Stay up to date and subscribe to our blog to receive the latest posts via email: syncubate.com/engage/
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.