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Lanmar

Zoom Video testing the 50dma - watch for a bounce

Long
Zoom Video Communications, Inc. (NASDAQ:ZM)  
Lanmar Updated   
NASDAQ:ZM   Zoom Video Communications, Inc.
Chart Patterns zm
11
5
chartpattern zm
Covid headlines + a test of the 50 day moving average and former support

We also have a monthly test of the 9ema here
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Comment:
looking for some chop followed by trend continuation into the 400s
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Comment:
Daily breakout was yesterday - for new entries and adds stop could be below the daily ignition candle. Targets/trim spots can be are 420, 438, 460, 500, followed by new all time highs on a trailing position using the 50dma as a stop

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