Patiently watching Zillow ($Z)

Zillow right now is dead center of a range its been for the last 60 days. Its been getting tighter and tighter. Something has to give. While I usually prefer to trade/anticipate breaks out of a range or take trades at support of a range than the middle of the range, Zillow represents an attractive long here. The tighter the coil and the longer the coil, the bigger the break away. I think a price target of 90-100 if it breaks out of the range to the upside is appropriate.



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