Archive for July, 2012.

Trade Idea – Zynga Inc

posted by tony
file under Stock Market

From a technically standpoint it is quite likely that the stock may have put in a short term bottom here. Good upside volume coming into this stock over the last two sessions. Important to see how this acts over the next few days.  Closed above the 13MA. Tomorrow, the stock may face resistance around 5.15/5.18, on the downside the stock is likely to find support around 4.72/4.75. Let keep an eye on her.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations. The charts provided here are not meant for investment purposes and only serve as technical example.

The stock is sitting just under highs. Long over 11.22. Short-term 13-days moving average which is at 10.90 will now act as a support.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations. The charts provided here are not meant for investment purposes and only serve as technical example.

The stock is at a key support of 5.50. If it drops below it is likely to fall till 5/5.1. If 5.5-5.6 holds a recovery till 6 is likely. All technical indicators are pointing negative on the chart.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations. The charts provided here are not meant for investment purposes and only serve as technical example.

 

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