Zillow: Support Levels Tagged after Price Breakdown
See our original blog post published last weekend: syncubate.com/blog/2014/9/26/zillow-breaks-below-key-chart-support
When Zillow's stock closed below $123 on the weekly chart, we noted in our analysis that this was a key bearish development and to watch for the $113 and $110 support levels to potentially be tagged soon after.
Last week, Zillow traded as low as $110.56 and closed Friday's session at $112.73, just under $113.
To see more of our market commentaries and analyses, subscribe to our blog here: syncubate.com
When Zillow's stock closed below $123 on the weekly chart, we noted in our analysis that this was a key bearish development and to watch for the $113 and $110 support levels to potentially be tagged soon after.
Last week, Zillow traded as low as $110.56 and closed Friday's session at $112.73, just under $113.
To see more of our market commentaries and analyses, subscribe to our blog here: syncubate.com
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