ZM has risen over 400% in a matter of months without any form of digesting the move.
-Monthly chart RSI is at over 92.
-Weekly chart RSI closed last week at 89 with its last weekly higher low being at $230.00...that's over 100% move since the last weekly higher low.
-Daily chart has the rising wedge pattern along with bearish divergence
-the 4hr chart had the highest dollar volume ever traded on this stock at it's recent top, which was also accompanied by bearish divergence.
-Monthly chart RSI is at over 92.
-Weekly chart RSI closed last week at 89 with its last weekly higher low being at $230.00...that's over 100% move since the last weekly higher low.
-Daily chart has the rising wedge pattern along with bearish divergence
-the 4hr chart had the highest dollar volume ever traded on this stock at it's recent top, which was also accompanied by bearish divergence.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.