Jump to content



Photo

Zynga Inc (NASDAQ:ZNGA)


  • Please log in to reply
No replies to this topic

#1 Costa

Costa

    Member

  • Traders-Talk User
  • 660 posts

Posted 07 February 2015 - 12:50 PM

The gaming sector is getting HOT again and this stock should be in your watchlist next week. The stock is testing its downtrend line since Sept 2014 with a lot of indicators showing up. It has an up trending RSI currently at 60, indicating bullish potential and it is witnessing a reversal in the MACD, which could symbolize accumulation. If the stock breaks and closes above 2.80, then the rally can be extended further 2.93 and 3.19 levels. I went long at 2.74 and have a stop loss at 2.46.

Stocks to keep an eye on February 9

Posted Image
Costa
AC Investor Blog Keep up to date by subscribing AC Investor Blog newsletter or RSS feed. You may wish to also follow me on Twitter.