Zynga Inc (ZNGA)

[Trevor11]

ZNGA:(MAJOR,VOLUME)TEND,TO,INDICATE,(M&A,EVENTS),BUYING,FROM 'SUPERINVESTORS,'... PILING,INTO A,STOCK,AHEAD..




Zynga (ZNGA) Flagged As Strong On High Volume
By
THESTREET WIRE
Follow
12/30/15 - 01:34 PM EST

Trade-Ideas LLC identified Zynga ( ZNGA) as a strong on high relative volume candidate. IN ADDITION TO SPECIFIC PROPRIETARY FACTORS,Trade-Ideas identified Zynga as such a stock due to the following factors:


ZNGA HAS AN AVERAGE DOLLAR-VOLUME (AS MEASURED BY AVERAGE DAILY SHARE VOLUME MULTIPLIED BY SHARE PRICE) OF $28.5 MILLION.

ZNGA HAS TRADED 10.1 MILLION SHARES TODAY.

ZNGA IS TRADING AT 2.27 TIMES THE NORMAL VOLUME FOR THE STOCK AT THIS TIME OF DAY.

ZNGA IS TRADING AT A NEW HIGH 3.03% ABOVE YESTERDAY'S CLOSE.


'Strong on High Relative Volume' stocks are worth watching because major volume moves tend to indicate underlying activity such as M&A events, material stock news, analyst upgrades, insider buying, buying from 'SUPERINVESTORS,' or that hedge funds and momentum traders are piling into a stock ahead of a catalyst. Regardless of the impetus behind the price and volume action, when a stock moves with strength and volume it can indicate the start of a new trend on which early investors can capitalize. In the event of a well-timed trading opportunity, combining technical indicators with fundamental trends and a disciplined trading methodology should help you take the first steps towards investment success.


Source:

www.thestreet.com/story/13409404/1/zynga-znga-flagged-as-strong-on-high-volume.html



M&A,= Mergers and Acquisitions