RedKTrader

ZM Accelerated, new target update

Long
NASDAQ:ZM   Zoom Video Communications, Inc.
ZM is running up in an accelerated way - here's where i think the next target will be.
so far, we hit 4 exact spots (see previous chart). while we hit the last target level, it was way sooner than expected. i'm trying to get the target projections more accurate both in price level and time - but time is way too tricky and unpredictable.

there is big money behind these moves so need to be careful - the business model is great, but this is still a small player, compared to the big guys - the fundamentals don't add up (yet). i'm already out after a quick long call that went well - no regrets for missing the big 1000% move (seriously, it was > 1,000 % !) - will be looking at an opportunity to go back in.
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