After a bullish engulfing on Tuesday, Zynga (ZNGA) surged to triangle resistance with high volume on Wednesday. Overall, chartists can make a bullish case for this internet-mobile gaming company. A higher low formed in August and the stock surged above the July high with good volume in September. The subsequent triangle consolidation represents a rest after this big move and a break above triangle resistance would signal a continuation higher. Careful with this one because the combination of low price and high volatility make this a high-risk play – either way.
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