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Zoom Video Communications, Inc.
Short

ZM Elliot Wave Correction Wave A

By Gem-Hunter
Updated
ZM completed Elliot Wave 1-5 and now in Wave A Correction which has 5 waves to downside before Wave B upward pullback.
Note
Elliot Wave A Correction sub Wave 3 target - $368 has been hit. Now has to pullback upside for sub Wave 4.
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Stock is oversold but the pattern is showing downtrend. Will see the price action on tomorrow.
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My bad, didn't book 200% profits due to wrong count and over confident. Looks like Wave 1 has been completed of Wave A and Wave can go upto $435.
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I'll update the chart based on monday price action.
Trade closed manually
Chart PatternsTechnical IndicatorsTrend Analysiszmzmshort
Gem-Hunter
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