o2degreez

ZM - Zoom - Watching for Reaction @ Daily 200ema/Weekly 50ema

Long
NASDAQ:ZM   Zoom Video Communications, Inc
ZM

Buyzone = Reaction @ Daily 200ema support/.5fib @345.42
and Weekly 50ema @306
TTM , Macd , Stoch are all setting up.
Cost Avg Down Areas = 288/216

1st Target = .618@402
2nd target = .786@485
3rd Target = ath 588
HODL Target = 700+

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This content is for informational and educational purposes only. This is not in any way, shape or form financial or trading advice.

Good luck, happy trading and stay chill,
2degreez
Comment:
Comment:
This was a great chart and a great buying opportunity. 1st Target hit.
Caught resistance at the 618fib @ 402.87. If ZM can push through and hold the next stop should be the 786fib (484-500)