ZM ready to correct after 5 wave extension
Updated
ZM is flying high today and the hourly RSI index is full blown overbought.
Additionally, it completes its 5 wave extension today.
Lastly, it's running into some old resistance at 268.
Looks like time for a mini-correction. Target is about 259.
Additionally, it completes its 5 wave extension today.
Lastly, it's running into some old resistance at 268.
Looks like time for a mini-correction. Target is about 259.
Trade closed: stop reached
A day too early, ZM had more steam left for more move up
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