Zoom Video Communications, Inc.

Long

ZM - First Target $410 before $461

Updated

ZM is in Sub Wave 2 of Wave A correction again breakdown into Wave ABC . Targets are pointed out in the chart.

Wave A - $410 to Wave B - $386 to Wave C - $461 (Extended)

I'll update the chart based on price action on Monday if this idea defers.

Good Luck.

Note

Tmrw, stock can also drop to $355 or $347 in case market drops. If so, I likely to take position at these levels.

Note

Implied volatility is too high. Watch out.

Note

I don't see upward momentum yet. It could also drop to $319 & close the gap. Possibly this week.

Trade closed manually

I don't see the upward momentum yet. So, I'm closing this idea & will publish new idea.

Trade active

Sub Wave A & Sub Wave B are exactly hit. Anticipating of Wave C.

Note

$ZM Target $465

Trade closed manually

Careful people, tmrw market may slump heavily.

Also on:

Related publications

ZM - Target $461

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