Zoom Video BuyFundamentally I think as work from home gains traction and stability in the marketplace that companies such as this increase in value as demand for such services rises. Also its not really correlated with the overall stock market, most stocks are overvalued right now.
Quarterly:
This stock is currently finding demand at the .786 fib retracement after a nice steady 16 month complex pullback after its first huge momentum move up early in its life.
Monthly:
I drew a trend line to highlight the fact that this trend is in a parabolic extension, blow off, oversold, whatever you want to call it, without even looking at the indicators its obvious to the trained eye.
Weekly:
Looks to me like 160 is major price support so I would advise taking small positions as I foresee an accumulation phase Is beginning,
Daily:
Sellers knocked on 180's door 2 times and failed to close below that price. On the most recent swing low the market failed to even break below that price, let alone close there.
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