Get started
yujingr

Zoom, Bearish Divergence, looking for a pullback.

Short
Zoom Video Communications, Inc. (NASDAQ:ZM)  
yujingr Updated   
NASDAQ:ZM   Zoom Video Communications, Inc.
Trend Analysis ZOOM Bearish Patterns Divergence
10
2
trendanalysis zoom bearish divergence
  • Apparent Bearish Divergence, pick your indicator.
  • Volume also not supporting the price level.
  • It should be looking for a pullback soon to the 157 level. More downside if the level breaks.
Comment:
elaborating on "More downside if the level breaks": would not short the stock further even if the price breaks level. There are many uncertainties revolving Zoom in the current market. This is purely a short term play.
Comment:
Target reached at Open 5/27.
Closed for a 9.43% move.
Trade closed: target reached
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.