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Zoom Video Communications, Inc.

ZM CHART

By zhanlao
Updated
GETTING CLOSER TO SELL
Trade closed: target reached
Buying puts. Hopefully Zoom will break out to the upside in a bull trap in which case I will fire away. This setup is looking very profitable.

Zoom is way overvalued. Ive been using zoom for years and unfortunately did not buy early. At least I'm not to late to sell into the top. A few months later we will look back and this big run up to $200+ will be seen for the mania it is. Get the puts in early this thing could tank any day now.
Trade active
Buying puts all the way up.
Trade closed: stop reached
Trend Analysis
zhanlao

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