IamJeanPaul

Zynga wedge breakout

Длинная
IamJeanPaul Обновлено   
NASDAQ:ZNGA   None
Traders,
This stock has been on my watchlist for a while.
I was looking to play 2 scenarios.
Buying a dip into 3.20$ or buying the continuation breakout higher.
Now we have a close above the upper wedge line. From a technical perspective an entry with a tight stop seems reasonable.
Check out the fundamentals of this stock.

Good luck.
Комментарий:
I dont like this position anymore, i may be wrong in closing, but it seems to be failing to break 4$ for now. I want to take out a little bit of risk and so thats why i am closing the complete position on breakeven.
Сделка закрыта вручную
Сделка активна:
Hi traders,
Not going to post a new idea, so adding to this one.
As you can see zynga is still edging slowly higher.
After forming the triangle it formed a trend continuing flag pattern.
I entered around 4$ with a stop below 3.60$ targeting for now 4.65$ and possibly a move into 5$. Also notice how the bulls are able to hold above the big trendchannel.

Thought to share.
Blessings to you all.

Отказ от ответственности

Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.