The market has been in a correction for two weeks, looks like everyday is a buying opportunity...
Let's see if it can keep this current level... Expiration on weekly option puts / calls also affect the stock price.
We'll see more upside once the correction is over. Long term target of $200 remains the same
We may see a short term retracement, there is a descending triangle starting 9/23.
Current support is at 460 (fib 0.382), if ZM breaks below the range and bearish continuation to lower structure, it may fill the gap @ 420.
Lots of money is trapped at the top of these high profile tech stocks, traders will want to take their profit before the broader market deteriorate.
Market is trending higher, currently it is facing some resistance. Expect it to break up in the next few days. Short term target $43 @Fibonacci 1.272 level.
It is possible that price might continue to climb, could retest $44.79 June 2 2020 ATH.
Bullish momentum. The market is nicely following the ascending range box pattern.
Paypal will continue its long term growth after the pull back. Digital payment is being driven at a phenomenal rate by the global pandemic.
Short term down trend, possible trend reversal after filling the gap and retest the resistance.
Potential upside target approx @220 at the next...