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...
Nike
Short Term - We look to Sell at 110.32 (stop at 118.64)
The company built caution into 2023 guidance on fears of more China Covid lockdowns. Trades with a bearish descending triangle formation. The bias is to break to the downside. We look to sell rallies. The measured move target is 83.50.
Our profit targets will be 83.50 and 75.00
Resistance:...