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RedKTrader
Feb 3, 2020 7:51 PM

ZM: Way too soon, and totally unexpected ! Long

Zoom Video Communications, Inc.NASDAQ

Description

NASDAQ:ZM

could anyone have seen this coming? i closed my position on Fri :) -- not bad - but missed a 500% opportunity. what's happening in the market these day?
i guess the $91 - $95 projection still holds - but no way i'm not going back in until it comes back into the "sane" range.

I say stocks flying with no compass. then there's TSLA !!!

Comment

NASDAQ:ZM
with the market in such an acceleration, price objective achieved in just 2 days - in fact the projected price was hit in pre-market.

now what do you think will happen? we go sideways for few days to consolidate?
broader question, who is buying the markets at these high levels?
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