Here is a long swing trade idea for Zynga Inc. (ZNGA) based off relative strength in the face of the broader market weakness.

A Little Background

ZNGA has worked off longer term supply and is presently in a daily uptrend.  The stock gapped up on earnings and shorts squeezed out and longs took hold here in the last three days. ZNGA does have some supply overhead to work off from a gap down back in 2012 but pressing with new highs.

The Trade

Entry:  4.68
Stop: 3.98
Targets: 7.40 and 10.00

Watch The Video

Disclosure: Gap Swing Newsletter Long at 4.68 on 2/4/2014