Zoom reversed course yesterday either due to the extension of the current USSOTH to another term, or the reinstatement of the closure of all on-campus learning in NYC schools.
Stock price bounced off the 100 MA with an RSI of 42.85 and the MACD looking to cross over the signal line. And the gap down on Nov 6 is now serving as the new resistance which falls on the .6 retracement level and the Oct 1st pivot as support.
This is just my personal opinion and should not be taken as a recommendation to buy or sell.
Stock price bounced off the 100 MA with an RSI of 42.85 and the MACD looking to cross over the signal line. And the gap down on Nov 6 is now serving as the new resistance which falls on the .6 retracement level and the Oct 1st pivot as support.
This is just my personal opinion and should not be taken as a recommendation to buy or sell.
Dagangan aktif
I actually took a position later in the afternoon when the news broke and I saw it start to trend up at $413.69 with my stop loss at the 200 MA ($398.84)Nota
I took profit on 20% of my position to be conservative and sold call options against the rest which expires tomorrow with a 420 strike price. May redo these steps aagain tomorrow if they do not get assigned .Dagangan ditutup secara manual
Due to the short trading week next week and ZM getting off to a strong start this morning I decided to close out this position and take a wait and see approach. In order to take profit I had to do the following: 1) Close my short calls at a -48%
2) Limit sell half at $432/share
3) Trailing stop of $7 which got triggered and sold at $436.16/share
closing position with a 3.2% gain
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.