Looks like Zoom has retraced pretty heavily. At this point I'm expecting an upcoming reversal at least for a pullback from this massive decline.
Price must break out of the channel to trigger new wave of bulls for a complete market reversal. To ensure that bears are shaken off the market, price must draw a cycle on the bottom like a pattern in blue circle. (Double bottom)
Fib 2 is at 17 Feb 2022
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Monday’s watchlist.
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Opportunity at breakout unless it crashes below ground.
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