By Tim - http://stockstobuy.org - Twitter - @stockstobuy - The following is technical analysis on Zynga (ZNGA) - June 4, 2012
Zynga (ZNGA) Support & Resistance Levels - 6/4/12
Resistance Levels:
Support Levels:
Chart - http://www.stockcharts.com
Zynga (ZNGA) stock dropped again on Friday but failed to hit a new 52 week low. Zynga (ZNGA) continues to drop like a rock even but could be ready to turnaround soon. Looking at the chart, Zynga (ZNGA) will have support at $5.81. This is where I'd set my stop. I feel ZNGA could easily rally back to $7 on the next move higher.
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