Panjang

ZNGA blue sky's the limit?

Great run and now consolidating at highs it hasn't visited in a loooong time. Moving averages have just crossed over into a bullish trend but still need some separation before truly showing a bullish longer term trend. The short term however is undoubtedly bullish. It has now formed a nice bull pole pattern... the question is, will Zynga go "BAZYNGA" or reject? I am bullishly biased in this case due to the trend and pattern but am not a fan of all time or long time highs...
breakoutBullish PatternsPennanttechnicalTechnical AnalysistechnicaltradertrendZNGA

Penafian