$ZM currently trading at the Demand Zone
I believe a 48% pull back from the highs is a reasonable correction. Now is the time for 
ZM to establish its new bull trend. With a descending triangle formed from the highs and break of $300 support into the 290s demand zone poises it for a bounce with MACD oscillator curling green after 2 months in the red. All the way down to the 270s is a good buy zone. Anything below 270s and its 200s next, I would stay away below that range.
This would be a great pick for the long-term investor. Please share, like and comment your thoughts below.
ZM to establish its new bull trend. With a descending triangle formed from the highs and break of $300 support into the 290s demand zone poises it for a bounce with MACD oscillator curling green after 2 months in the red. All the way down to the 270s is a good buy zone. Anything below 270s and its 200s next, I would stay away below that range. This would be a great pick for the long-term investor. Please share, like and comment your thoughts below.
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.