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
Zynga Inc (NASDAQ:ZNGA)
Started by
Costa
, Feb 07 2015 12:50 PM
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#1
Posted 07 February 2015 - 12:50 PM
Costa
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