Analyzing the options chain and the chart patterns of Z Zillow Group prior to the earnings report this week,
I would consider purchasing the 47.50usd strike price Calls with
an expiration date of 2024-6-21,
for a premium of approximately $2.15.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
imma be honest, I'm running out of creative titles, so you get what you get.
Trends labeled
Price targets labeled.
really neat setup on zillow here.
These buy zones are marked at some major support, we have a short term trend leading to a top, and may have already hit. We have a long term support trend going in the bearish price direction.
All of the above can...
Based on the linear regression channel, Zillow is primed to see $70+ by the beginning of June, and over $80 around the beginning of October.
Elliot wave is currently at the end of phase 2, beginning of phase 3, which is usually the largest move of the cycle.
Any entry right now seems good. Current price is $47.39 in pre-market. With PT at $85, that's a projected...
NASDAQ:Z has had a nice move off its recent bottom of around 76%. Sorry to say I missed it. However, it has now been consolidating those gains for about 80 days now. It recently dipped below the 50 DMA (Red) and has now recovered for the last three trading days. I like that the 5 DMA (White) is now above all the Moving Averages. I have started an early entry...
Does this gut-punch to the RE tech industry signal a looming share price drop for BLK? An index of Z+OPEN+RDFN+HOUS has had a very high positive correlation to BLK--until now when the index took a hit from the NAR settlement.
keep an eye on very nice short set up in Z.
Is housing gonna make a sharp turn with mortgage rates holding 7%+ level.
I say so.
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Zillow is looking to reclaim its former glory here
looking at the daily chart you can see a nice spring and back test.
the longer this name hold above 50 the more likely it could test the 66 resistance range that its had trouble with before.
will be keeping an eye on this as earnings approach in less than one month
NASDAQ:Z looks like short seller "Spruce Point" @sprucepointcap will not be sleeping well for a while.
Zillow could explode to $80, if cup and handle breakout occurs.
On the above 2-week chart price action has corrected over 80% since the sell signal last February. A number of reasons now exist to be bullish, a few of which are:
1) A buy signal prints.
2) Regular bullish divergence. Currently 10 oscillators are printing divergence on the weekly chart (below).
3) Support and resistance. The yearly chart (bottom - each candle...
Just kidding. I love Zillow's fundamentals, though. It beats earning reports for more than a year and a half. And the Assets to Liabilities ratio continues to stay strong.
The housing market is not in the best shape, but ongoing partnerships and new revenue stream projects, such as more focus on the rental market, are helping the company so far.
With that in...
Long term Trendline breakdown -> Retest and potential rejection of trendline AND 200 Weekly MA.
Short term Trendline breakdown.
High interest rate environment which affects have not been seen on the market yet. Inverted Yield Curve, potential recession.
Will this play out or do we have a soft landing? I have no clue tbh, but in terms of risk reward, the...
Zillow is at a prior resistance point, at a whole number of $50, at the 100ma weekly. A bearish candle could close the week with a rejection wick. Given these confluence factors, economic outlook, search analysis of fundamentals, and the condition of real estate markets, I'm going to prematurely arrive on the scene, and pronounce it a short. There is of course a...
I'm now in 800 shares of Zillow. Earnings are in a couple of weeks. I just had the $51 covered call expire. Today is an up day AND the2nd bull candle in a row (which appears it wants to close below the 10 ema on the daily chart)
So, I'll get into a collar for about a .50 credit. This will be an unloable trade = my favorite!
wedge pattern, broke out with increasing volume, but pullback within the wedge pattern with lower volume. if broke above the wedge pattern, will be bullish
