It may takes sometime! but compared by others ZM had different bullish RSI for a while and MFI at low levels too. bearish daily close on Friday and can go down even to 94.5-86.4-81.6-73.8 or lower which shall be good spots for long term target but again its earning move so if earning better than expected this could lead for strong bounce even for short squeez...
With remote work on the increase, people are upgrading their home furniture and living conditions more than ever before. A company like Williams-Sonoma will feel the benefit of this changing trend in living styles. Increased demand should allow furniture retailers to counter-act rising material costs by raising prices. Adding to this point, the housing market...
There’s not much historical data on TradingView so I drew a rough line to show the price from when it bottomed out around the end of January this year. Overall, there’s not a lot of data to go on, but I’ve tried to make as many clear observations as possible. From the bottom, a supply trend line has formed with four major bounces from it. Currently, it seems like...
I have been waiting on this for entry after missing a nice run. This looks to have cooled off and put in a base, 33.53 and above should see continuation. Resistance at 35.00 over which is a more conservative entry.