Zoom Video Communications, Inc.

Short

Zoom, Bearish Divergence, looking for a pullback.

Updated

Apparent Bearish Divergence, pick your indicator.
Volume also not supporting the price level.
It should be looking for a pullback soon to the 157 level. More downside if the level breaks.

Note

elaborating on "More downside if the level breaks": would not short the stock further even if the price breaks level. There are many uncertainties revolving Zoom in the current market. This is purely a short term play.

Note

Target reached at Open 5/27.
Closed for a 9.43% move.

Trade closed: target reached

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