JICPT| ZM consolidates around 100 with possible reversal
Hello everyone. Last November, I posted an idea titled 'Don't rush to buy Zoom for the new wave of Covid' . I'm actually right, price has dropped by more than 60% since then.
Now, I observed a possible reversal pattern, with downtrend violation. Now, I need $94 to be served as a solid defense line, in addition, $128 is required to be firmly conquered. By then, I would be more interested in the long setup.
What do you think?
Now, I observed a possible reversal pattern, with downtrend violation. Now, I need $94 to be served as a solid defense line, in addition, $128 is required to be firmly conquered. By then, I would be more interested in the long setup.
What do you think?
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