Zoom Communications, Inc.Mis à jour $ZM Has Come Into Support Area - Reversal Watch
Look at how the price on ZM reacted when CCI previously broke into the green box. I would add this one on my watch list for the reversal. Especially if it trades above $342.
If this occurs, my price target is $375 then $389. I've marked some key pivot areas on the chart to watch intraday.
If price opens below $336, you can take a short trade to the support level below. However, I would not take it with RSI being so low.
ZM reacted when CCI previously broke into the green box. I would add this one on my watch list for the reversal. Especially if it trades above $342. If this occurs, my price target is $375 then $389. I've marked some key pivot areas on the chart to watch intraday.
If price opens below $336, you can take a short trade to the support level below. However, I would not take it with RSI being so low.
Transaction en cours
Closed 2/3 of my position at my 3rd target level @ 360. Watching here for a bounce off diagonal support. If we regain the pivot I will stay in for the retest of highs. Good luck with your trades.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.