UnknownUnicorn7216011

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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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)
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