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vincefromaspects

ZM LONG BIDEN STAY HOME

Long
Zoom Video Communications, Inc. (NASDAQ:ZM)  
vincefromaspects Updated   
NASDAQ:ZM   Zoom Video Communications, Inc.
Trend Analysis Technical Indicators wedgebreakout zm
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trendanalysis indicator wedgebreakout zm
According to my analysis, it appears that we have confirmed reliable support from 325 - 350 . Now that we have also broken out the downtrend from the past couple months, it seems that we have started a new uptrend. The next few days should let us know if we are going to retest horizontal support but I am more bullish as of right now. If biden doesnt think covid is going away anytime soon then my most of everywhere is using zoom still. We could see a 100 dollar swing play if we keep this trend.
Comment:
Possible breakout below support here, if that happens I am bearish short term down to horizontal support.
Comment:
Am shifting more bearish here after the breakout below, support, 350 in play here.
Comment:
Look for consolidation at this level, 440, also could be bull flag for another swing to the upside!
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