Zoom Inc Time FibsLooks like Zoom has retraced pretty heavily. At this point I'm expecting an upcoming reversal at least for a pullback from this massive decline.
Price must break out of the channel to trigger new wave of bulls for a complete market reversal.
To ensure that bears are shaken off the market, price must draw a cycle on the bottom like a pattern in blue circle. (Double bottom)
Fib 2 is at 17 Feb 2022