📈 ZM Stock Update (Zoom Video)
ZM is forming a classic Cup and Handle pattern — a bullish continuation setup that often signals a potential breakout ahead.
✅ The cup reflects a strong recovery and accumulation phase.
✅ The handle is forming with light consolidation, indicating reduced selling pressure.
🚀 A breakout above the handle’s resistance could confirm the move, with a measured target around $87.50$
Keep an eye on volume during the breakout — increasing volume adds strong confirmation.
ZM is forming a classic Cup and Handle pattern — a bullish continuation setup that often signals a potential breakout ahead.
✅ The cup reflects a strong recovery and accumulation phase.
✅ The handle is forming with light consolidation, indicating reduced selling pressure.
🚀 A breakout above the handle’s resistance could confirm the move, with a measured target around $87.50$
Keep an eye on volume during the breakout — increasing volume adds strong confirmation.
Trade active
ZM Stock 📈Zoom (
If it breaks above that level, the next resistance sits around $92.80, followed by a potential rally to the $103 zone.
I’ll be watching volume and price action closely as it approaches these key levels.
Trade closed: target reached
ZM Stock Update 📉As expected,
After hitting that level, the stock has started to pull back, showing a healthy price correction following the strong move up.
I’ll be watching for potential support zones to form before the next push higher — ideally toward the $92.80 and $103 resistance areas.
Stay patient and watch how price reacts during this consolidation phase — it could offer the next solid entry opportunity.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
