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Gdschandiok09

Zillow retracement looks like a great buying opportunity !!!

Long
Zillow Group, Inc. (NASDAQ:Z)  
Gdschandiok09  
NASDAQ:Z   Zillow Group, Inc.
Trend Analysis Chart Patterns Technical Indicators zillow zillowgroup LONG longsetup Technical Analysis realestate realestatesector
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0
trendanalysis chartpattern indicator zillow zillowgroup long longsetup technicalanalysis realestate realestatesector
Date- 4/42021
CMP- 133.41USD

Shares of Zillow have seen a ~40% correction from 52-week highs since mid-February.
Though the stock prices have declined the housing market seems to show no signs of cooling down.
The stock price currently bounced off the trend line acting as a support and also enjoys a strong support zone as shown in the chart.
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