ZM is at the hottest spot for bullish reversal (Falling wedge).
It the right time to ride this long wave of #NEM after the major drop and finishing the accumulation phase. I always use S1&S2 to help me identify the key levels and get some free signals, but this time I used naked chart with market structure only.
After 5 completed Elliot waves, the stock is getting ready to start the correction, you can notice the mark "Short" flagged at the top of the candle with nice shooting indicating the beginning of downtrend.
This signal is called Up thrust After Distribution which indicate the end of the up trend and strong signal of down trend!!! don't miss out this signal