jonwayne02

$ZM – Needs to Find Support

jonwayne02 Updated   
NASDAQ:ZM   Zoom Video Communications, Inc.
$ZM seems to be in no-mans-land at the moment. It’s fallen below the 200 day EMA, it’s in between vol profiles and the trend line and fib .618 are indicating a further decent. While technical and oscillators are also bearish the falling wedge is positive and ARK is buying. Keeping an eye out for a good entry point.

ZM
Comment:
tracking...
Comment:
If I adjust my trendline a bit, it aligns with the 200day EMA. I think $ZM needs to break through to be bullish.
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