We are looking at Zoom (ZM) right now. This stock has obviously benefited a lot due to the COVID-19 and the various lock-down imposed by many countries all around the world. . From our technical standpoint, assuming the bull-run continues, we are looking at an initial resistance at $287.35. If this level is being taken over, we are watching an important psychological level of $300, and to be precise, our next resistance level is at $302.96. . Good trading! From the Desk of NinjaSingapore 19 August 2020
Comment
⋅
The target of 287.35 was achieved on 20 August 2020 and we are watching it closely whether the stock will achieve the second target of $302.96.
Good trading! From the Desk of NinjaSingapore 24 August 2020
Good trading!
From the Desk of NinjaSingapore
29 August 2020