This stock has been chosen as a JUMP candidate for its upcoming earnings catalyst that is likely to move the stock between 5-20% post release. To conduct further research on the financials, analyst views and pivot points visit the Inside Mole research tool. This report is based on our analysis and opinions and the trade plan is how we intend to trade this event. As a self-directed trader you may decide to take a different approach to this event. For details on how we trade these events watch the video below.
Target: ZILLOW GROUP, Inc. (ZG)
Earnings Release Date: 5/03/18 (After Market Close)
Position Entry Time: (at or near EOD-end of day)
(** always check in the trade room 30 minutes prior to close for last minute trajectory updates
ANALYSIS: StockJumpers trajectory analysis reveals a beat on the main metrics. The stock has been rising over the last 2 weeks and so some of any move may be priced in however we see the stock still having upward potential assuming the beat is significant.
We are LONG for the event.
(Note: This is an after-market release – today)
TARGET ‘JUMP ZONE’ POTENTIAL: 8-10%
CONFIDENCE RANKING: 8
POTENTIAL OPTIONS CONTRACT: NONE
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