Starting to look for VALUE trades
This tech sell off has provided bargain entries to names that have good story and earnings.
I trade mostly momentum and area pattern issues but some symbols are just very tempting to put an exposure on. One of which is Zillow (Z)
Thesis:
Oversold
Good Earnings report last reporting date
Current price is a huge discount vs common market target price: $200ish
Current price level is where it was from prior Earnings
Can definitely dip lower still but tranche buying seems good at this level.
Strategy: Dollar cost averaging below $135
This tech sell off has provided bargain entries to names that have good story and earnings.
I trade mostly momentum and area pattern issues but some symbols are just very tempting to put an exposure on. One of which is Zillow (Z)
Thesis:
Oversold
Good Earnings report last reporting date
Current price is a huge discount vs common market target price: $200ish
Current price level is where it was from prior Earnings
Can definitely dip lower still but tranche buying seems good at this level.
Strategy: Dollar cost averaging below $135
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.