huntersanna33

ZI - PEG w/ Vol dry up (8/23/2021)

Long
NASDAQ:ZI   ZoomInfo Technologies Inc.
Volume has dried up after PEG where buyers seem to be in control when looking at the PEG AVWAP. Stock has allowed the 23EMA to catch up and overtook AVWAP on Friday. Stock has shown support at the 23EMA and has a large upside. Working through some previous supply that happened in Feb / March of this year. Looking at the 30M chart the sellers are becoming fewer which may indicate that they are tired and buyers can take more control of the price.

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