Bull on Zillow

Flag is forming (again) on Z.

Technicals

• RSI(10) @67 on higher highs
  
• ADX @45 on higher highs
  
• SMA(50) crossing above SMA(200)
  
• SMA(100) crossing above SMA(200)
  

Note:
Would not buy if it breaks the $44.3 support line. If it bounces upward, consider being Long.

* Remember to always set your stop-loss and profit-exit orders to protect yourself and balance the risk/reward.


Happy trading Tuesday!

Kommentar:

Z is bouncing of the $44.4 (new support line).

If we can break $48.55, trend could go on a long rally.