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challenger_man
Sep 13, 2021 3:46 PM

ZM in limit inferior of range in Daily Short

Zoom Video Communications, Inc.NASDAQ

Description

In daily frame we are in the inferior limit of range (288), if we break this level next target 228
in the week frame all the components of ichimoku are down, and the chinkou can cross the cloud if he close this week under 295 ,if that we can confirm the end of Bullish trend.
the pullback is possible at this level (288) and we target the high of range (400)

Comment

the limit inferior of the range is broke by price and chinkou. to confirm the exit we can wait the break of tenken (293.59).

Comment

The break of 290 will confirm the re integration of the range.other way the bearish trend will be installed.
In weekly the trend is bearish

Trade closed manually

The trend bearish is confirmed after the break of 290. May be a small a correction next days before the coninuation of the trend.
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