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Zynga Inc. (ZNGA) – stock is trading around $6.23 dollars as of October, 21, 2019 and offering a possible buying price between $6.23 – $6.54. Let’s look at the stocks technical actions using a weekly chart.
2. The stock breakout back in early January.
3. The stock had a rock solid run after that.
4 & 5. The stock had a nice consolidation before staging another breakout.
6. Then the stock tried to rally, but it fizzled along with the general market volatility and even lost the 50 day moving aver support as it consolidated.
7. The stock recently rallied and regained the 50 DMA support.
8. The stock is offering possible buying price between $6.23 – $6.54, with a stop loss at $5.73.
This stock is already part of the Stocks Under 10 Dollars pick and performance will be tracked here .
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