Still Bearish on ZM
Updated
I still see more downside in ZM. Sure it gapped up yesterday, but it pretty much opened at the high and sold off all day. I shorted just after the $228.54 retest and rejection as it made a new low heading into the close. Looking to close the gap back down, which will be started by the $218.61 break. If that happens I will look to follow these fib lines down once again. If it breaks the $195.80 low I think we see $185. Set your alerts for the break.
Trade closed manually
Was out of this one this morning. Found support just before closing the gap down at $208.46. Still solid rode it from $223 down.
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