5/19/2014 – An update on Zillow (Z).  – Stock Market Mentor by Dan Fitzpatrick
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5/19/2014 – An update on Zillow (Z). – Stock Market Mentor by Dan Fitzpatrick


I just want to look at Zillow ( NASDAQ:Z ) again,
there’s really no reason to look anywhere else if you’re looking for a trade. This
continues to work, its up at the top of the channel,
like basically right around 101.00ish or so, which is where this has fallen
in the past, but this is kind of really shallow cup and
handle. Once this starts breaking out you’re
going see technicians start talking about it. Right now all it is is a high base, but my bet is that if the stock starts closing above today’s intraday
high of 112.00, let’s just say once it starts going
to say 115.00, I think you’re going to really see this
thing take off. My suggestion would be set a price alert there, also check it
out around $95.00, $96.00. If this happens to fall below 100.00, this
is a stock that you want to own.

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