SynergyTradingSetups

Massive opportunity in the tech sector - Zoom

Long
NASDAQ:ZM   Zoom Video Communications, Inc.
Zoom has flirted around this level for a while now giving us a perfect opportunity to enter a long.

In this set you have to understand the orange support. Why would buyers bring the price back above and confirm it as support once again after all this time? Because sellers failed and are exhausted.

See you at the Take Profits.
Comment:
Set up still is extremely valid, however with the nasdaq pulling back it could complicate things
Comment:
Still well in this trade, asset looks great
Comment:
Zoom playing out great for now, looking for a bullish continuation tomorrow.
Comment:
With the nasdaq retracement we are getting some pull back on this stock also. Having said that, nothing has changed and we are still in the trade.

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.