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Swaraj6688
Nov 30, 2021 5:08 PM

Zoom almost bottomed will consolidate between 180-220 Short

Zoom Video Communications, Inc.NASDAQ

Description

Zoom is a great company to hold on to , But you cant judge based on shorter timeframes. You need to start Dollar Cost Averaging in this Range for the next 18-24 months. This is where the consolidation happens. I have 200 shares and ready to buy 400 more for the next 2 years, I am long in 5 years time horizon, but in the near term 180-190s is in the cards, Hence Short.

Comment

keep an eye for a quick upside..
Comments
vincentfaga
I think 180 makes sense. I feel like 180 consolidation is reasonable since that was the price before the whole coronavirus
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