ZNGA - Accumulation Event
See the long term accumulation event unfolding in ZNGA Inc.
We are currently in the process of backing up to the previous highs during phase C of the prior event. Zooming into the H1 there is a smaller -re-accumulation event occurring. This is a prime example of "an event within an event". In this case, We see the re-accumulation on the H1 act as the backup test for the accumulation event. If price can hold the 4.30 territory, long term uptrend target is 7.80
For detailed entry signals, join the discord - discord.gg/UfdvuX
We are currently in the process of backing up to the previous highs during phase C of the prior event. Zooming into the H1 there is a smaller -re-accumulation event occurring. This is a prime example of "an event within an event". In this case, We see the re-accumulation on the H1 act as the backup test for the accumulation event. If price can hold the 4.30 territory, long term uptrend target is 7.80
For detailed entry signals, join the discord - discord.gg/UfdvuX
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