$ZM Has Come Into Support Area - Reversal Watch
Look at how the price on $ZM reacted when CCI previously broke into the green box. I would add this one on my watch list for the reversal. Especially if it trades above $342.
If this occurs, my price target is $375 then $389. I've marked some key pivot areas on the chart to watch intraday.
If price opens below $336, you can take a short trade to the support level below. However, I would not take it with RSI being so low.
If this occurs, my price target is $375 then $389. I've marked some key pivot areas on the chart to watch intraday.
If price opens below $336, you can take a short trade to the support level below. However, I would not take it with RSI being so low.
Trade active:
Closed 2/3 of my position at my 3rd target level @ 360. Watching here for a bounce off diagonal support. If we regain the pivot I will stay in for the retest of highs. Good luck with your trades.