Long
Weekly VERY STRONG buy hits chart after 25% test retrace
Retesting breakout and put up a VERY STRONG buy signal on the weekly chart. Reported earrings with a triple beat and more than doubled future guidance. Stock sold off crazily as the company made a large 100M acquisition of rival game maker CIE. Today could be the last chance to get in at these levels as ZNGA reports tonight and is a huge potential catalyst for the stock. Lower time frames have just started to tick through as well.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.