Bl4ckmonday161

520 could be a next target for ZOOM

Long
Bl4ckmonday161 Updated   
NASDAQ:ZM   Zoom Video Communications, Inc.
After 3 has formed a double zigzag where it has ended with ending diagonal and bearish divergence signal.
Now the price could go up to 520 or higher if it's not a 5th wave failure and we can use Fibonacci lines as a target.
Comment:
Well, MACD at TF4H doesn't say so. It looks like Zoom performing double zigzag. And now B of second Zigzag just ended and started C
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.