October 19, 2024, 5:18 PM ET, BY Rick O. – Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer term trading plans for Z

• Buy Z near 55.33 and target a 64.7 stop loss at 55.17 Details

The technical summary data tells us to buy Z near 55.33 with an upside target of 64.7. This data also tells us to set a stop loss at 55.17 to protect ourselves from excessive losses in case the stock starts moving against the trade. 55.33 is the first level of support below 63.71 and basically any test of support is a buy signal. In this case the support 55.33 is tested, a buy signal would be present.

• Short Z slightly below 64.7, target 55.33, stop loss at 64.89 Details

Technical summary data suggests a break below Z as it approaches 64.7 with a downside target of 55.33. However, we should have a stop loss at 64.89. 64.7 is the first resistance level above 63.71, and basically any test of resistance is a short signal. In this case, if resistance 64.7 is tested, there is a short signal.

Swing Trading Plans for Z

• Buy Z slightly above 63.81, target 64.7, stop loss at 63.63 Details

If 63.81 starts to break higher, the technical summary data tells us to buy Z just above 63.81 with an upside target of 64.7. The data also tells us to set a stop loss at 63.63 in case the stock turns against the trade. 63.81 is the first resistance level above 63.71 and basically any break above resistance is a buy signal. In this case, 63.81, the initial resistance, would break upwards, giving a buy signal. Because this plan is based on a resistance break, it is called a long resistance plan.

• Short Z slightly near 63.81, target 61.01, stop loss at 63.99. Details

Technical summary data suggests a short of Z testing 63.81 with a downside target of 61.01. However, we should have a stop loss at 63.99 in case the stock starts moving against the trade. Basically every resistance test is a short signal. In this case, if the resistance 63.81 is tested, a short signal would be present. Since this plan is a short plan based on a resistance test, it is called a short resistance plan.

Day Trading Plans for Z

• Buy Z slightly above 63.81, target 64.01, stop loss at 63.66 Details

If 63.81 starts to break higher, the technical summary data tells us to buy Z just above 63.81 with an upside target of 64.01. The data also tells us to set a stop loss at 63.66 in case the stock turns against the trade. 63.81 is the first resistance level above 63.71 and basically any break above resistance is a buy signal. In this case, 63.81, the initial resistance, would break upwards, giving a buy signal. Because this plan is based on a resistance break, it is called a long resistance plan.

• Short Z slightly near 63.81, target 62.45, stop loss at 63.96. Details

Technical summary data suggests a short of Z if 63.81 is tested, with a downside target of 62.45. However, we should have a stop loss at 63.96 in case the stock starts moving against the trade. Basically every resistance test is a short signal. In this case, if the resistance 63.81 is tested, a short signal would be present. Since this plan is a short plan based on a resistance test, it is called a short resistance plan.

Check the timestamp of this data. Updated AI generated signals for Zillow Group Inc. (Z) available here: Z

Z-Ratings for October 19th:

AI-generated signals for Z

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This report was generated using AI developed by Stock Traders Daily. Over the past 20 years, this proprietary AI has been refined to help identify the most advantageous trading strategies for both individual stocks and the stock markets themselves. This method is also applied to index options, ETFs and futures. The aim of this particular report is to optimize trading Zillow Group Inc. (NYSE: Z) incorporating prudent risk controls.

Warning:

This is a static report. The following data was valid at the time of publication, but support and resistance levels for Z change over time, so the report should be updated regularly. Real-time updates are provided to subscribers. Unlimited real-time reports.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and market crash protection with Evitar Corte.

Instructions:

The rules that govern the data in this report are the rules of technical analysis. For example, when Z tests support, buy signals emerge and resistance is the target. Conversely, if resistance is tested, it is a sign to control risk or sell, and support would accordingly be the downside target. In any case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel) and to serve as a risk control layer.

Swing Trades, Day Trades and Longer Term Trading Plans:

This data is refined to distinguish trading plans for day trading, swing trading and long-term investment plans also for Z. All of this is offered below the overview table.