Lines labeled. Watch Trends. Note Daily Time Frame.
Personally, I like 103 on a potential move to the upside. There is a possibility of some small downside in the short term, but it's a favorable buy if you're bullish on Zoom. Gap closes just over 100, I believe, so I'd use caution at that point.
ZOOM OUT (lol, puns) Weekly view. RSI is the thing to note here. 74 vs 72 looking at a bounce, If you don't know indicators, this simply implies bullish still, it can break down pretty easily, but it needs to close the week that way. This allows for a bigger view, which helps show how the price can justify such large swings. Extreme lows are 14 and under.
Nota
Currently sitting at weak support trend. This is a favorable buy zone from this point and under. Remember, earnings on the 27th. Just a matter of, does the drop to strong trend and possibly lower that 54 occur before or after earnings.
Nota
buy target alert triggered. Can it go lower? yes. Mistake: incorrect text label on chart.
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