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ZOOM

ZOOM (“Dig the well before you are thirsty.”)View on ZOOM (24 Sept 2020) It was one "moon shot" counter that rose tremendously in the past few months. It is still in the Healthily Up trend but it is just getting expensive at this moment in my opinions. And given the current Risk-Off situation, we can expect a little pull back (or) shakeout in this counter. It shall go to $460 or even as low as $400. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. DISCLAIMER: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
NASDAQ:ZMShort
by SonicDeejay
3
Zoom ZM fills gapAfter gapping up by a huge $120 dollars on August 31, ZM has come down to Earth. It finally found resistance at the horizontal support line (in the 344 range.) It has entered back into its ascending channel, and since the two parallel trendlines are very close together, expect predictable price movements. The RSI has just bounced at its horizontal support line as well, So we can expect continued uptrend. If the price were to hit 406(The high of September 3rd) I would consider taking a short term call and wait for it to hit the low of September 2nd, $410. If I had a heavy risk appetite , I might wait for the price to hit the closing price of September 2nd, $423.
NASDAQ:ZMLong
by Isaiahgr3
5