$Z Zillow Falling Knife Catcher or Buy the Dip Opportunity?

22 Kas 2021

This stock continues its downtrend. It looked like it would've found some support at $60-65 level, but it formed a bear flag and has since closed below this level. I suspect the trend will continue to resolve the H&S pattern made earlier this year as I mentioned in a previous analysis made back in September. We may be down to $45 earlier than expected.