Really both red lines will happen eventually. I think this is WAY OVERVALUED at $150. I actually can see zoom being dumped after the virus it doesn't even come close to stacking up to other platforms. Might even break the bottom trend eventually. All big corps are against it. Either way the buy back in zones are absolutely obvious.
If you have stock shorting is an option today it already failed at the support of weekly and failing all timeframes below it. Just an opinion. I don't want to throw down 5 grand on shorting this lol.
If you have stock shorting is an option today it already failed at the support of weekly and failing all timeframes below it. Just an opinion. I don't want to throw down 5 grand on shorting this lol.
Note
Literally how it will most likely play out till June. Wouldn't doubt it. The big traders are about to make their money shorting here w the FOMONote
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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.