Potential Formulation (PA) - Weekly Interval - ZNGA
Hello Successful Traders,
The stock (ZNGA) overall, presents a downward sloping curve. As investor sentiment has diminished within recent weeks (and months). Within today's trading cycle, however, acknowledges the uproar in investor confidence within the companies ability to generate profit (Revenue > Expenses) that will attract numerous individual's wallets. (Await Confirmation Prior to Entering Market PA).
Resistance Level 1 - (5.25 - 6.50) 1.25 cent interval
Key Price Zone (KPZ) - (4.00 - 5.25) 1.25 cent interval
Support Level 1 - (1.25 - 2.50) 1.25 cent interval
Furthermore, viewing the objective lens of the monthly (interval) chart presents that a potential breakout within consolidation (if PA is held above Resistance Level 1) is imminent.
Not Investment Advice. For Educational and Analytical Purposes Only. (Be Cognizant and Stick To Your Trading Plan)***
-LionGate
The stock (ZNGA) overall, presents a downward sloping curve. As investor sentiment has diminished within recent weeks (and months). Within today's trading cycle, however, acknowledges the uproar in investor confidence within the companies ability to generate profit (Revenue > Expenses) that will attract numerous individual's wallets. (Await Confirmation Prior to Entering Market PA).
Resistance Level 1 - (5.25 - 6.50) 1.25 cent interval
Key Price Zone (KPZ) - (4.00 - 5.25) 1.25 cent interval
Support Level 1 - (1.25 - 2.50) 1.25 cent interval
Furthermore, viewing the objective lens of the monthly (interval) chart presents that a potential breakout within consolidation (if PA is held above Resistance Level 1) is imminent.
Not Investment Advice. For Educational and Analytical Purposes Only. (Be Cognizant and Stick To Your Trading Plan)***
-LionGate
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.