This article is for education purposes only, and not to be taken as advice to buy/sell. Please do your own due diligence before committing to any trade/investment.
Technology is everywhere.
We interact with and make use of technology everyday.
Technology has brought much convenience especially for aggregation and comparison.
I was planning for a holiday and utilized aggregation sites to help me find my ideal flights and hotels, at the best price in an instant.
This week, let’s analyze a technology stock which has been making waves in the property industry through aggregation.
Brief History of Zillow Group
Source: unsplash.com
Zillow Group celebrates its 20th anniversary this year!
Founded in 2004, Zillow Group launched its real estate site in 2006, attracting more than 1 million visitors in its first 3 days.
As time passed, more services were added, including Zillow Mortgage Marketplace.
In addition, Zillow Group has been acquiring companies to boost its reach and business.
Has this business strategy paid off?
Let’s find out in the next section.
Business Model and Financials
Source: tradingview.com
Zillow Group’s total revenue (in blue) performed well between 2016 and 2020, growing by at least 21% year-on-year.
COVID-19 struck and that shrank its total revenue in 2021 and 2022.
Has the company been profitable?
Let’s have a look at its net income (in red).
This is surprising! Zillow Group hasn’t turned a positive net income since 2016!
And its net income has been fluctuating wildly over the years.
It looks like Zillow Group hasn’t found a solution to profit from its many real estate services.
Should you be worried as a position trader?
Shall we proceed to have a look at its price chart for a confirmation?
Technical Analysis on Zillow Group (NASDAQ: Z)
Do you really need to plot support and resistance lines?
Trendlines?
Use fanciful technical indicators to trade well?
I don’t think so!
What you need is a proven system which these indicators – the green arrow and the Trend Impulse Factor indicators.
Please allow me to expand on the first indicator – the green arrow.
The green arrow signals the start of a new bullish move.
Next, you’ll want to have a look at the bar of its Trend Impulse Factor indicator. You’ll want the bar to be in dark green which suggests sustained momentum.
Back to the chart of Z, do you see both indicators agreeing with each other on its latest candle?
Congrats!
You’ve found a gem for a position trade!
Conclusion
Source: unsplash.com
Zillow Group has been innovative, but is yet to turn a profit since 2016.
As it struggles financially, its price chart paints a completely different story.
As position traders, the price chart of any counter holds more weight.
The 2 indicators on its chart suggest that there’s a good position trading opportunity.
Both the arrow and Trend Impulse Factor indicator have been tested and proven. They form the TradersGPS (TGPS) system to help you decipher if a stock is ripe for a position trade. You won’t have to feel in the dark and make wild guesses.
If you’re struggling to make money from the market, just do this ONE thing in 2023:
If you’re like most people, you probably think that building a profitable side income stream from the stock market is something that is extremely difficult to achieve, and time-consuming as well.
And you probably know that one friend or relative who has lost a lot of hard-earned money to the market despite being ‘experienced’.
And especially since 2022 was a time when we saw many people in the red, bag-holding 20-80% losses…
It’s understandable to see why most people have such a grudge towards the idea of profiting from the market.
But what if I told you that amongst the many skills required to be profitable in trading…
There is one simple skill that will never make you feel that making money in the stock market is difficult ever again?
A skill that, if mastered, can dramatically increase your chances of success in the stock market.
I’m talking about the skill of identifying the right strong stocks.
If you have heard of this before but still do not have it figured out yet, let today be the day you get it right.
You see, the #1 problem with most ‘experienced’ traders who just can’t seem to make money consistently from the market despite having consumed tons of learning resources & materials is not because there is a problem with their strategies.
It’s because unbeknownst to them, they are constantly buying the WRONG stocks.
Stocks that have very bad set-ups, price movement, and in general just a low probability of moving in the direction you wish for.
In fact, this process of picking the right stocks is a crucial step that most people don’t even think about.
Ask yourself this, what is your current process for knowing what stocks to buy?
Companies that you like such as TSLA, META, AAPL etc..?
Stocks that your friends tell you to buy?
Stocks that you read about in financial news, blogs or Youtube videos?
Or even stocks that you spend hours reading up their financial reports and doing fundamental analysis?
If you have done any one of the above, you are making a dangerous mistake and that has to change.
Knowing how to pick strong stocks with the highest profit potential using a proper proven strategy is half the battle won.
It instantly eliminates any potential ‘bad characteristics’ of the stock and significantly increases your chances of being right in the trade.
Once you know how to pick strong, potential stocks, whatever comes after (knowing when to buy or sell) becomes a breeze and you can start expecting to see real, consistent results.
That’s how exactly I was able to still execute 20-40% and higher trades last year when the entire market was down.
So if you think profitable trading is difficult, think again.
I’ve trained thousands of students who started off with complete 0 experience and whose portfolio results are now lightyears ahead of their peers who started learning years before them.
That’s the power of mastering this very simple skill of identifying the right strong stocks.
It literally gives you the weapon to be able to profit in all sorts of market conditions, because opportunities are ALWAYS in the market. It’s all about knowing how to find them!
I hope you’ve learnt this very important lesson today, but more importantly, take action in pursuing the mastery of this skill.
I have an upcoming free LIVE training demonstrating my exact process on how I find strong stocks in less than 15 minutes using a very simple strategy.
What I will be revealing is a tested and proven counter-intuitive approach that you’ve probably never seen before, and it’s something you can apply almost immediately.
So if you’re excited to cut through the B.S and master the intricate skill of profitable trading…
Register your seats here and join me LIVE very soon!
P.S You can also get to ask me any stocks you are currently thinking of buying and I’ll show you if it’s a strong stock and whether the odds are stacked in your favour or not!
