Zoom Communications (ZM) - Wedge Play - Low Risk
Zoom Communications has retested and is respecting the upper band of the ascending wedge-line, we can confidently take a short position with low risk.
ZM
has had its fair share of negative publicity regarding recent data-breaches and is widely viewed as overpriced in terms of price-to-earnings.
Short Term Target: 132
Bottom Wedge Target: 116
ZM
has had its fair share of negative publicity regarding recent data-breaches and is widely viewed as overpriced in terms of price-to-earnings. Short Term Target: 132
Bottom Wedge Target: 116
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