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UnknownUnicorn1020621
Jul 14, 2019 3:59 AM

$ZM Wall St. Wants This Higher Because WHY NOT? Long

Zoom Video Communications, Inc.NASDAQ

Description

Well, Can't Fight with Banks and their UPGRADES (LOOK AT NFLX!). I guess full bubble mode to the moon! Its Stupid If you ask me.

Soon there will be nothing but good news and this stock will go up crazy. The market is drunk. Investors hyping up equities for no reason. Soon dollar strength will take down everything and we will have a global financial crisis. Let's have fun with future worthless money. Nothing is safer than gold but who the fuck cares. People get seduced by $$$ easily anyways.

After looking at SHOP, ROKU and other nonsense ...

Technical Reason: 3 Support bounces, every mtherfckin traders will be watching this. DAY TRADERS, SWING TRADERS EVERYONE.
Comments
ogdabber
Hmmm.. I'm in a pickle with ZM... I believe in the company myself, but I also believe that many equities are overvalued... I see H&S more likely, seeing this "tank" back down to the 60's -- probably where it should be for a while... develop more sustainable growth... a 3rd bounce to me just makes me question its strength to support a 4th...?

...but I agree with you -- everyone will be watching this one, and institutional money will gladly pump & dump :/

SIDE NOTES:
1) Waiting on SHOP to fall through 1-2 support levels...
2) ROKU is primed for nice decline unless tons of buyers come in early next week, no?
UnknownUnicorn1020621
@ogdabber, I agree with everything you said.
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