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ZM Head and Shoulders
Zoom Video Communications, Inc.
Short
ZM Head and Shoulders
By SheepWoolos
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Jan 25, 2021
0
Cheer
Cheer
1
1
Jan 25, 2021
Head and shoulders pattern.
1. Company issued more shares, retail investors cheered but more shares are typically bearish.
2. Post pandemic use will remain high, growth however seems to be diminishing, even with zoom phone.
Opinion: Prices will hover around the SMA50 but fail to break higher. Prices will eventually turn towards the downside.
Chart Patterns
Trend Analysis
zm
zmshort
SheepWoolos
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