ZM at a point of support, expected to increase. Short

Zoom Video Communications, Inc.NASDAQ

Description

⋅ Oct 13, 2020 10:01 PM

Based upon levels of support drawn I believe that Zoom is in point of support and is likely to increase in value within the next few days.

Its my first time posting here, so I'd love to hear comments and receive donations if this benefits you.

Comments

willsemail18

⋅ Oct 14, 2020 1:59 AM

Also you put it up as a short and say go long 😂

Courtdr

⋅ Oct 14, 2020 2:08 AM

@willsemail18, thank you for pointing that out. I know the terminology short and long, but in the moment of posting it I was thinking it’s a short term move, rather than shorting the stock. My mistake.

SLOPolarBear

⋅ Oct 13, 2020 11:16 PM

You may want to perform a bit more in-depth analysis before soliciting donations!

Courtdr

⋅ Oct 14, 2020 2:13 AM

@SLOPolarBear, thank you for your feedback. In future posts I’ll aim to give more support to my hypothesis.

Courtdr

⋅ Oct 16, 2020 6:30 PM

ZM is up to 559 today. The movement is as expected, 😀 I hope this helped one of you.

mouhsinetayaa

⋅ Oct 14, 2020 11:58 AM

Thank you,
Following to see your future analyses
I guess the ZM is in point of RESISTANCE 518

ContraryTrader

⋅ Oct 14, 2020 2:49 AM

Nice work bro