ZM has been gaining a lot of attention lately due to COVID-19 and the rising demand for online conferencing programs. ZM had recently broke out but has been relaxing for the last 3 days after reaching a high of 164. The last 2 days, ZM formed inside candlesticks on the daily chart indicating that a breakout may be imminent. Following yesterday's post on ZM,...
2 inside day candlesticks are forming in ZM as a coiled spring is forming on the lower timeframes. ZM has not participated in the recent market bounce and seems to be acting inversely to the action. Watch ZM to start breaking out today or tomorrow above 147. Long @ 147 Stop Loss @ Below today's low. Target @ 180
This chart is screaming for a breakout The SPY is screaming for a retrace down We are waiting for a confirmation breakout above the upper yellow resistance line at which point we will enter a long towards the targets set forth on the chart. Best of luck traders
Up 5% today with strong finish Definitely on my watch list for Monday
Buy: 34.50 Target: 35.36 - 36.84 (2.49% - 6.78%)
The model of CWCO is to go where clean water isn't, and to be the company to provide that place with clean water. It's a tremendously simple business model that exploits a 'batteries included' system of installment, financing, and operations. The company's net profit growth of 27% and its Projected Net Income 5YR Growth average of 27.4% makes this company...
Buy: 16.50 Target: 17.00 - 17.50 (3.03% - 6.06%)
MRK has a coiled stochastic and has divergence on the hourly time frame. Buy: 54.92 Target: 56.20 - 57.79 (2.33% - 5.23%) jbzstocks.com @jbzstocks
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