Zoom (ZM)
DISCLAIMER: THE INFORMATION ON THIS BLOG IS FOR EDUCATIONAL PURPOSES ONLY. NO FINANCIAL ADVICE IS GIVEN BY ANY MEANS AND EACH INDIVIUAL IS RESPONSIBLE FOR HIS OR HER OWN ACTIONS.
2022-07-03
Current position: NoneCurrent stop-loss: -
Zoom has found demand around the IPO-structure from 2019. Interesting pullback right now and time will tell if it perhaps is a wave 4 in the making, or if the stock is ready for a bigger advance.
Potential B-wave in the making as of now and that pivot could serve as a good trigger for entry on a C/3 up.
The prospect of a wave 4 in the making mean that one should be prepared for a more tiresome correction upward.
Current position: None
Current stop-loss: -
Zoom has found demand around the IPO-structure from 2019. Interesting pullback right now and time will tell if it perhaps is a wave 4 in the making, or if the stock is ready for a bigger advance.
Potential B-wave in the making as of now and that pivot could serve as a good trigger for entry on a C/3 up.
The prospect of a wave 4 in the making mean that one should be prepared for a more tiresome correction upward.
