Technical Analysis:
Based on technical Analysis there are the following two options:
1. Breakout of the top trendline - Bullish Market will be resumed - Wait one more day to confirm the breakout or wait to get the 3% penetration. (55%)
2. The prices will bounce back in the triangle pattern - Price retracement option. (45%)
The option 1 and 2 might be influenced by the EARNIG REPORT RESULTS.
Fundamental Analysis
Zoom Video Communications (NASDAQ:ZM) will report its first quarter earnings for its 2021 fiscal year after the market closes on Tuesday, June 2. Analysts are expecting $0.13 a share profit on projected revenue of $276 million.
Based on technical Analysis there are the following two options:
1. Breakout of the top trendline - Bullish Market will be resumed - Wait one more day to confirm the breakout or wait to get the 3% penetration. (55%)
2. The prices will bounce back in the triangle pattern - Price retracement option. (45%)
The option 1 and 2 might be influenced by the EARNIG REPORT RESULTS.
Fundamental Analysis
Zoom Video Communications (NASDAQ:ZM) will report its first quarter earnings for its 2021 fiscal year after the market closes on Tuesday, June 2. Analysts are expecting $0.13 a share profit on projected revenue of $276 million.
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.