Zillow Group, Inc.
Panjang

Double bottom in Zillow?

Zillow had a nice pullback from its summer 2014 highs and winter always tends to be a "low" point in the stock price. Looks like a double bottom has formed at $100 and MACD is sloping upwards. I'm a buyer here with a stop below $100, target $150 will give you a 24x R/R.


UPDATE 2/18. Sold at 129. May rebuy on pullback.

Penafian