All Clear For Zynga’s Ascent?

Zynga (ZNGA) is in the process of completing a 1 year Ascending Traingle. Ascending triangles breakout most often upwards and act as a reversal. There is one factor though that makes buying this breakout tricky which is the Gap from between the breakout line at 4.05 and 4.88. Gaps act as resistance zones and this area has yet to be cleared out. The gap will probably increase the time of the ZNGA reaching its target of $6 (if the breakout occurs)

znga

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