ZOOM Backwards, minus Z, plus N equals MOON (Moon Math edition)

BATS:ZM   Zoom Video Communications, Inc.
Lines labeled.
Watch Trends.
Note Daily Time Frame.

Personally, I like 103 on a potential move to the upside.
There is a possibility of some small downside in the short term, but it's a favorable buy if you're bullish on Zoom.
Gap closes just over 100, I believe, so I'd use caution at that point.

I could see something like this if it wants to ride those short term trends upwards.

Breakout over this trend is likely to cause the higher price targets.

ZOOM OUT (lol, puns)
Weekly view.
RSI is the thing to note here. 74 vs 72 looking at a bounce, If you don't know indicators, this simply implies bullish still, it can break down pretty easily, but it needs to close the week that way.
This allows for a bigger view, which helps show how the price can justify such large swings.
Extreme lows are 14 and under.
Currently sitting at weak support trend.
This is a favorable buy zone from this point and under.
Remember, earnings on the 27th.
Just a matter of, does the drop to strong trend and possibly lower that 54 occur before or after earnings.
buy target alert triggered.
Can it go lower? yes.
Mistake: incorrect text label on chart.


Cashapp: $nicktussing
Venmo: @nicktussing
Donations appreciated, NOT AT ALL REQUIRED OR EXPECTED.

Cashapp enters my YOLO account.
Venmo gets donated to the local Animal Shelter.

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.