Based on Ichimoku cloud, Bullish on ZM as - Price > Conversion line indicating short term bullish - Conversion line above base line - bullish - Price > Base line indicating Medium term bullish - Area of Kumo cloud starting to widen, with Senkou A above Senkou B, still bullish - Lagging price above price candles, indicating bullish
ZM seems to be defying overall market bearish trend for now. Definitely prices will increase next week and has a strong buy signal.
@doctorhvacr, yes, Zoom is bullish on both 15 min & 4 hour charts. However, overall Nasdaq sentiment is bearish. Sell off may happen and it may drag down zoom as well. Caution is required this week.
ogdabber
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@doctorhvacr@pleasedCamel10675 has only dipped low enough in premarket so far to be considered “bearish” on 1min chart, not even 2min... bullish on all for me. Last Friday paved the way this week for a strong start for this week, no matter what we are at open... I’ll likely be adding to my short position at open, and then loading up big time for big green candles! Wouldn’t be surprised to see a new ATH today or tomorrow!