Zoom Communications, Inc.
Panjang

What’s next for ZM

220
Just to put out what I have on ZM after my recent prediction that proved 100% correct. I am now watching it for possible entry. Negative COVID news is starting to make way just as much as vaccine news. And today MRNA took a big hit (down -10% give or take). And some of what the media iterated as the cause for ZM drop in the first place was positive vaccine news.
On the TA side, I identified what I believe is the major trend and it’s currently at the major support, with what looks to be a cup and handle pattern.
Bottom line I see a a lot of space for it to fill on the upside. And what can also make a long position credible is the fact that they did crush earnings after all.

Penafian

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