Do not get shaken out ZM has broken its downtrend area after crossing and closing above 380. This will be the first major leg up so expect some shakeouts. When trends are confirmed they very rarely break this is the basis of TA. ZM is as of now bullish
how many weeks should it take to test that $400 mark again?
systemstech001
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@47mikedb, no one knows the timing. However, with a good close today, next week would be my guess. Either way, this is still a very high probability set-up to the upside.
TurtleTraderr
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From what I'm seeing here is that ZM dipped out of the channel, and is now back in. Looks like it is at the bottom of the channel, and if volume kicks in, then we can see a channel high PT of $420?