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Gem-Hunter

ZM Elliot Wave Correction Wave A

Short
Zoom Video Communications, Inc. (NASDAQ:ZM)  
Gem-Hunter Updated   
NASDAQ:ZM   Zoom Video Communications, Inc.
Trend Analysis Chart Patterns Technical Indicators zm zmshort
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10
trendanalysis chartpattern indicator zm zmshort
ZM completed Elliot Wave 1-5 and now in Wave A Correction which has 5 waves to downside before Wave B upward pullback.
Comment:
Elliot Wave A Correction sub Wave 3 target - $368 has been hit. Now has to pullback upside for sub Wave 4.
Comment:
Stock is oversold but the pattern is showing downtrend. Will see the price action on tomorrow.
Comment:
My bad, didn't book 200% profits due to wrong count and over confident. Looks like Wave 1 has been completed of Wave A and Wave can go upto $435.
Comment:
I'll update the chart based on monday price action.
Trade closed manually

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$ZM Elliot Wave Correction ABC is in progress
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