Z Bull Flag Breakout$Z is breaking out to new highs again before $RDFN earnings in an hour. Housing market has been on fire and $RDFN $Z should benefit. I hate earnings plays so I have a half position currently as I want the ability to double up after earning's prints. Also possible $Z gap up on $RDFN blowout so I want to take the risk exposure. I am long Jan $100c and short Sept $65p
Z trade ideas
ZILLOW GROUP: PROBABLE BREAKOUT Hello Traders!
Yesterday the price of Zillow Group has broken out of the historical resistance level, trading at the highest historically. The RSI also is looking bullish and the MACD has seen a bullish cross and reversal.
It seems a great opportunity to go long as the price is expected to gain a strong bullish momentum!
TARGET PRICE: 79.05
STOP LOSS: 55.45
Please maintain proper position sizing and risk management!
Z Long SetupIH&S on the daily with a neckline break that could send Z to ATHs. Historically, Z has been held down from a level of incredibly strong resistance. DMA's have caught up and new accumulation creating a new base of support as well as reversal in the indicators could push Z up. Next strong level of confluency is at 80, which I hold as my next PT for Z on a break of its resistance.
Zillow Group $Z$Z is very close to the pivot has been trying to break since 2018. watch for a breakout $66.44 with high volume.
12 months Consensus Price Target: $62
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Thx
Zillow Group Inc (Z - NASDAQ) - Impulse wave patternZillow Group Inc (Z - NASDAQ) has completed 4th wave ABC correction and moving up in 5th wave final move up.it is moving in wave 2nd which might take one more low to complete in 5 min time frame as c wave. , which will be ideal entry for move up, until it holds the invalidation level of 4th wave low.
Z ZILLOW - DAILY Bullish Engulfing SetupZ ZILLOW
DAILY BULLISH Engulfing Setup
Perfect Entry 55 - 57
ENTRY = 55-60
1st Target = 66+ New Highs
Engulfing Candle on Daily
786 &20ema support @ 56
Bottom of current regression uptrend.
Holding 20ema & .5fib@ 56 support
Stoch, macd, ttm squeeze & momentum BULLISH
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This content is for informational and educational purposes only. This is not in any way, shape or form financial or trading advice.
Good luck, happy trading and stay chill,
2degreez