Zoom has flirted around this level for a while now giving us a perfect opportunity to enter a long.
In this set you have to understand the orange support. Why would buyers bring the price back above and confirm it as support once again after all this time? Because sellers failed and are exhausted.
See you at the Take Profits.
In this set you have to understand the orange support. Why would buyers bring the price back above and confirm it as support once again after all this time? Because sellers failed and are exhausted.
See you at the Take Profits.
Note
Set up still is extremely valid, however with the nasdaq pulling back it could complicate thingsNote
Still well in this trade, asset looks greatNote
Zoom playing out great for now, looking for a bullish continuation tomorrow.Note
With the nasdaq retracement we are getting some pull back on this stock also. Having said that, nothing has changed and we are still in the trade.
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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.