Z seems to have bottomed at 99, ER is very close, and several indicators are rotating to the upside, we have momentum rotating to the upside, Downtrend has stopped and accumulation is starting to show positive signs. If ER is good enough this will create a short squeeze with a target between 115 and 120.
Zillow is at the low end of its one year "valuation range" of 14-13 times sales. This PSR is the Price-to-Sales-Ratio and is a measure of the market cap (Price) to the revenues (Sales) of the stock. It is a helpful measuring tool.
Zillow has unfurled and come under pressure after the announcement about merging with Trulia. Since then it has fallen from 150+...
Zillow Inc (NASDAQ:Z) is bouncing today off the key $100 level. If you saw the chart, you would have expected it. Why? Simply look at the chart below and note the major support at the $100 level. If there was going to be a bounce in Zillow, this was going to be it. Will it bounce more? Yes, it should bounce back to $112+.
Gareth Soloway
Chief Market...
See our original blog post published last weekend: www.syncubate.com
When Zillow's stock closed below $123 on the weekly chart, we noted in our analysis that this was a key bearish development and to watch for the $113 and $110 support levels to potentially be tagged soon after.
Last week, Zillow traded as low as $110.56 and closed Friday's session at $112.73,...
For detailed commentary and analysis, see our blog post published 9/27/2014: www.syncubate.com
Last week, Z tagged the $123 support area and bounced off of it, to close the week out at $130.97. However, there was no carry-over in bullish momentum. The stock has since fallen below $123, finishing Friday's trading session at $121.75.
Friday's close is significant...
For a detailed commentary and analysis, please refer to our blog post published 7/27/14: www.syncubate.com
Zillow made headlines last week on a possible merger with Trulia, and the stock has since surged in value to nearly $160 a share. The buyout of Trulia was confirmed earlier today.
On the weekly chart, the stock's price fluctuations show a bull trend picking...
Interesting news today with the merger of Zillow and Trulia (TRLA):
The combination of companies is still showing zero profits.
Either way, a free gift of a rally here has Zillow stretched beyond "trend" so I would suggest walking away or writing calls for as long as possible "AT THE MONEY" to capture as much premium as possible.
1 year call premiums might be...
In reviewing the daily chart for Z, the strong uptrend since the middle of May has continued without any significant sell off. Note that there are several price levels to keep an eye on during any pullback, as noted on the chart.
In the near term, the $140 and $130/$132 levels are support. The stock broke through $140 with conviction early last week after...
Most aggressive pt have recently been boosted to 130 on the possibility of a consolidation with Trulia. But most conservative pt around 110-115 state the already embedded high valuation in Zillow given projected growth. New-home sales surged in May, but the gains only put the market back on track to match last year's pace along with many investors speculating...
User DavideG published a nice chart on Zillow today which made me take a look at the chart.
I could tell right away I liked it on a pullback, so I did some work and here is what I have so far.
Take a look and see what you think:
Zillow looks great to my eye. Buy on a pullback to 101. Buy on any dips under 105. Buy on ....... and Buy on .......
Plus...
Zillow has been unable to rise more than 29.5% in the last year without undergoing a correction. Specifically, each rally of ~28% ends with a correction of at least 16%. Since the last bottom on May 8th, Zillow has appreciated 22%. Patiently waiting for rise to $115-118, marked by red box, for short sale.
Targeting return to the 50SMA, which has proved to be a...
Seems to be near decision where it was decided to be too expensive in the past. Lower highs; possible bearish Harmonic patterns on weekly/hourly. Or, could see a nice fake out at the next high. Interesting to see :)
