Traders, Zoom has fallen from its glory and created exact same structure as that of stock bubble. Now that it has reached its actual mean and is also creating an M pattern, it looks like a BUY. However it will be a speculative buy and we must keep an eye on the Indices as well along its price action.
On the other technical size, we have Bollinger bands squeezing which means a breakout is imminent.
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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.