ZM Zoom Video Bullish Pennant Long

Zoom Video Communications, Inc.NASDAQ

Description

⋅ Nov 27, 2021 4:07 PM

If you haven`t bought ZOOM at the 52 week low:

Then you can see on lower timeframes that it has formed a Bullish Pennant with a price target to the next resistance of 239usd.
You can see a gap between 227 and 239usd, so it will be easy if it passes the 227 resistance.

Looking forward to read your opinion about it.

Comments

Mihai_Iacob

⋅ Nov 27, 2021 4:30 PM

Thanks for the heads up

TopgOptions

⋅ Nov 27, 2021 5:58 PM

@OptimoomFX, thanks for being here.

Vibranium_Capital

⋅ Nov 28, 2021 2:03 PM

Very nice idea

jmorg33

⋅ Nov 27, 2021 5:57 PM

I think a gap up Monday would do it well, but if it pulls back and can’t catch support around $218.61 then it’s gonna move towards $210. If it cracks $200 again I think it goes to $185.