xtremerider8

ZM back to pre-pandemic level; a fair & rational price to buy?

Long
NASDAQ:IBB   iShares Biotechnology ETF
This level seems to be a good place to buy but marrkets may remain irrational due to bad sentiment, inflation & geopolitical tensions.
Technically, ZM may first consolidate & create a bottoming base coz ma20 is still far above.
Investors may find this zone attractive to accumulate some shares. Zoom meetings are not going out-of-style yet even after pandemic.
Not trading advice.
Comment: Sorry guys wrong chart but I will re-post ZOOM chart.
I got confused coz IBB Biotech also share same narrative.

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