I published this chart in October and now Zillow has pulled back to the levels where I had suggested to look for a re-entry for a re-test of the high near $33.50. Zillow is quite volatile and moves 6% per day, which is 3 times the volatility of the overall market.
The risk from here is a move under $25 or 10% lower while upside is for a move up to $33 or a bit more than 20% for ratio of 2:1 (measured potential/ measured risk).
Look for relative strength to the overall market to confirm a long position in Zillow.
Zillow.com and Trulia.com are the leading real estate websites in the USA. They merged and trade under the symbol Z and ZG.
Tim
9:14AM EST 11/2/2015
The risk from here is a move under $25 or 10% lower while upside is for a move up to $33 or a bit more than 20% for ratio of 2:1 (measured potential/ measured risk).
Look for relative strength to the overall market to confirm a long position in Zillow.
Zillow.com and Trulia.com are the leading real estate websites in the USA. They merged and trade under the symbol Z and ZG.
Tim
9:14AM EST 11/2/2015
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Subscribe to my indicator package KEY HIDDEN LEVELS $10/mo or $100/year and join me in the trading room KEY HIDDEN LEVELS here at TradingView.com
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.