ZM Swing Trade (Short)
Updated
Noticing a rising wedge form on ZM's 4 HR Chart as well as a loss of momentum, indicated by downward movement of the MACD. Also sitting around the .236 Fib extension level. Due for a significant downward move, most likely to the 181.47 mark that I have.
Note
Looks like downward move has startedHigh Lost
Note
Looks like distribution is starting to occur, downward move soon?
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