Zoom Communications (ZM) - Wedge Play - Low Risk
Zoom Communications has retested and is respecting the upper band of the ascending wedge-line, we can confidently take a short position with low risk. 
ZMhas had its fair share of negative publicity regarding recent data-breaches and is widely viewed as overpriced in terms of price-to-earnings.
Short Term Target: 132
Bottom Wedge Target: 116
ZMhas had its fair share of negative publicity regarding recent data-breaches and is widely viewed as overpriced in terms of price-to-earnings.Short Term Target: 132
Bottom Wedge Target: 116
Trade closed: stop reached
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.