Zynga - the good news and the technicals are converging

Here is a 4h chart of Zynga. After the good news regarding the on-line gambling in some US states and the good technical perspective, this stock could turn out to be a great investment for the following months.

The buyers overcame the level of $3.25, which seemed to be the most important resistance in the period December 2012 - February 2013.

The volumes are also playing an important role in a stock price and in this case we can obviously see a increase in the last couple of months.

The first target is at $4.50 but the potential is much higher.