Zoom Video stock went up sharply for a couple of months after its IPO in april early last year, then consolidated for a long time. But the video conferencing software maker was delivering huge earnings and revenue growth. Zoom Video stock bottomed last October and really took off at the start of 2020, well before the coronavirus stock market crash.
As the...
An inverse cup and handle is present on the chart which caused an evident drop after the handle formed (in purple), ZM has recently seen some nice returns, this is expected to continue with the purple dotted line as a support.