This is how I see Zoom Video. We have completed Wave III of the cycle from the March 2020 lows at the high ($588) and experienced a pullback in Wave IV. Wave IV pullback was completed in a WXY correction at the low of 366. From there ZM began Wave V, where price action is currently extending in a leading diagonal structure to complete Wave V. My estimated target for the Wave V high is $725, the inverse 1.618 extension of Waves III - IV. Let me know what you think guys, especially if you have experience/ expertise in Elliot Wave analysis. Thanks and Happy Holidays!
My charts are created using Elliot Wave analysis in combination with fibonacci extension and retracements.