Zoom Communications, Inc.
Long
Updated

ZM Long

396
If this is consolidation in uptrend, the next target is FIB#1.6 = 723

PlanA: Trendline Break + revisit
Entry 413
stop 385 below up trendline
Target 585

PlanB: Demand Zone below Consolidation
Entry 370
stop 340
Target 723

I am not a PRO trader. I need few months to practice trading strategies.
If you like this idea, please use SIM/Demo account to try it, until my trading plans get high winning rate.
Trade active
Option trade:
Buy 2021 Feb butterfly C530/580/620 limit 3.2;
The final target is 720, It is very easy to pass 620, I leave $10 difference in butterfly for profit;

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