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ElliottWaveBelgium
May 11, 2021 3:39 PM

ZM - Bullish only if can go above 340 Long

Zoom Video Communications, Inc.NASDAQ

Description

ZM - This wave 4 correction I talked about a few months ago turned into a combination it seems and reached equality of wave W vs Y.
Price also bounced off the anchored VWAP from the wave 2 low.

But I don't recommend blindly buying right now, unless using tight stops of course, but rather wait for a confirmation that price really wants to turn first.
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