ZM broke it's Symmetrical Triangle today and is pushing upwards before earnings Monday after market close. With being now 20% down from it's all time high of $588.84 there is room to run. Although with a PE Ratio above 500 it is overpriced and leading on momentum and our situation from Covid-19 and Politics. Look for major resistance at $500.
Overpriced. Forecast downtrend, as 2 Vaccines obtained FDA approval and starting distribution mid-end December
sid72
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@wardaK, hey :) Yes that matters, but many companies are changing their ways due to Covid. I am WFH until next August and I am a game developer at a Top studio in Washington State. We have many of the biggest tech firms headquarters here. I know that Covid has changed everything as far as how people work. There is discussion at my work that we have 3 days at work and 2 days at home. Zoom is integrated into so many companies now and that want go away. I do feel their biggest competitor "Microsoft Teams" is a big threat though.