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.
Comment
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.Comment
Target reached at Open 5/27. Closed for a 9.43% move.
Trade closed: target reached
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