I like this chart for the following reasons: 1. ZNGA recently broke out of it's bearish trendline. 2. RSI and MACD is positive 3. Moving out of Ichimoku Cloud 4. Risk/Reward to earnings (ZNGA earnings usually EPS is neg and REV is positive) seekingalpha.com/symbol/ZNGA/earnings 5. 34ma cross above 50ma
SWING IDEA: 1. Buy within the Orange/Red line (NOTE: set stop loss 5c below red line) OR DayTrade Idea: 1. Buy above Orange line (major resistance) - for breakout (NEEDS volume and watch the hourly chart).
REMINDER: 1. Set a Stop Loss and always honor it (I got burn a few times) 2. Trade with a plan 3. Scale out (take profits where you are comfortable) 4. Move your stops up
Good Luck and Happy trading! 8/4: I bought a few shares and will add if it holds support level. (SWING) I'll daytrade only if there is signal with RSI/VOLUME on 5min and hourly chart.
أغلقت الصفقة: تم الوصول لوقف الخسارة
I sold Friday as it hit my stop. Market has been bearish. I will look for another entry.
تم فتح الصفقة
Reentered HOD break - 10/9.
ملاحظة
I'm daytrading today as there was news out, and ticker halted. Very volatile. I will hold a few shares at break even. Basically, it has to remain above the yellow line.
Good luck!
أغلقت الصفقة: تم الوصول للهدف
10/10 scaled out - took profits 10/11 stopped out at red line - closed trade.
10/19 ZNGA back to yellow line .. possible re-entry this week 10/22. Will wait for reversal to confirm (watch SPY/IWM)
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.