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Z (Zillow Group) Bearish Pennant Formation

Member Eric K. in the trading room asked for an update on the Z (Zillow Group Inc) unofficial short trade idea, which was first posted as a setup in the trading room on July 19th while ready to pop out a this (at the time) fully mature bearish rising wedge pattern (first chart below). Zillow was then posted here on the front page as an unofficial short trade a week later on July 25th when the prices broke down below the wedge, triggering a short entry (second chart). Z went on to hit the first target back on Aug [...]

2017-03-08T21:19:32+00:00 Aug 30, 2016 9:58am|Categories: Unofficial Short Ideas|Tags: |Comments Off on Z (Zillow Group) Bearish Pennant Formation

Zillow Bearish Rising Wedge Breakdown

Z (Zillow Group Inc) has broken down below below a bearish rising wedge pattern today. Z was posted as an unofficial short trade setup (first chart below) in the trading room last week: http://rightsideofthechart.com/members/rsotc/activity/12654/   As Zillow is scheduled to report earnings after the markets closes next Thursday, August 4th, it will remain an unofficial trade idea for now as that probably won't give this stock enough time to reach the first price target before the earnings release (which is likely to cause the stock to gap one way or the other at the open of trading the next [...]

2016-07-25T12:53:04+00:00 Jul 25, 2016 12:45pm|Categories: Unofficial Short Ideas|Tags: |Comments Off on Zillow Bearish Rising Wedge Breakdown

Short Trade Ideas Updated

The following trade ideas have been removed from the Active Short Trades categories as they have either exceeded their previous suggested stops (or any reasonable stop, if none suggested) or the stock simply no longer looks to offer an attractive R/R at this time. Some of these trades may have already hit one or more profit targets while others did not. Most trade ideas on RSOTC are immediately removed from the Active Trades category upon reaching the final profit [...]

2014-07-09T18:52:33+00:00 Jul 9, 2014 6:52pm|Categories: Completed Trades - Short|Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , |Comments Off on Short Trade Ideas Updated

Short Trades Update (video)- Part 2

This is the second and final video covering the highlighted Active Short Trade Ideas (with a separate video covering the Long Trade Ideas to follow). The trade ideas/charts are discussed in the following order: HSOL, HTZ, JASO, JPM, KBH, M, MIC, NTRS, OSTK, PWRD, QIHU, SPB, TSLA, YUM, & Z. To skip ahead to coverage on a particular stock, click & drag the circle white circle on the timeline at the bottom of the video. I find that these videos are best viewed using the Fullscreen option on phones, tablets and laptops while the Large Player size (available when playing the [...]

2017-03-08T21:21:14+00:00 Nov 7, 2013 3:23pm|Categories: Completed Trades - Short|Tags: , , , , , , , , , , , , , , |Comments Off on Short Trades Update (video)- Part 2

Zillow Second Short Entry or Add-on Triggered

As mentioned in the previous update on the Zillow (Z) short trade, there are still some promising short trades out there right now, despite the recent strong bid beneath the broad market.  Z has now triggered the next short entry or add-on to the existing short trade, which recently hit the first target for a 16.4% gain.  The stock is now breaking below the dual support level of both the primary uptrend line as well as the recently highlighted bear flag pattern.  Short trades are still counter-trend trades at this point and as such, are prone to an increased rate of [...]

2017-03-08T21:21:15+00:00 Oct 22, 2013 12:09pm|Categories: Completed Trades - Short|Tags: |Comments Off on Zillow Second Short Entry or Add-on Triggered

Zillow Short Trade Update- Bear Flag Breakdown Likely

Regardless of the uncanny persistent bid beneath the broad market in spite of bearish technicals, the are still a few diamonds in the rough in regards to some of the active short trades on the site.  Z  (Zillow) would have to be at the top of my list of favorite my favorite trades right now, long or short.  Z was added as a short setup just over a month ago while inside of a textbook bearish rising wedge pattern, complete with negative divergences in place.  The stock went on to break below the wedge later that day (triggering an entry) and [...]

2013-10-17T15:56:20+00:00 Oct 17, 2013 3:45pm|Categories: Completed Trades - Short|Tags: |Comments Off on Zillow Short Trade Update- Bear Flag Breakdown Likely

Zillow (Z) First Target Hit

The Z short trade has hit the first target (both yesterday and today) for a 16.4% gain from entry.  Although T1 was stated as my preferred target when the setup was first posted , I still believe that T2 has a very good chance of being hit after the expected bounce off T1 (as shown on that original daily chart).  Therefore, Z will provide another objective short entry on any decent bounce OR a break below the uptrend line on the 2-hour chart below.  Previous daily chart, updated daily chart, & 2-hour chart below:

2013-10-17T14:55:25+00:00 Oct 8, 2013 10:08am|Categories: Completed Trades - Short|Tags: |Comments Off on Zillow (Z) First Target Hit