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Alpha_Trades206
27 janv. 2021 05:17

ZM Close to End of Correction  Long

Zoom Video Communications, Inc.NASDAQ

Description

Zoom has a gap below to fill on the 30 min timeframe near $367, which conveniently is located at the 0.5 retracement. Watch for a bounce around that area for long calls. A break above $400 will led to the BIG gap fill above
Commentaires
Chartguru1
Nailed the low Friday. Kudos!
Zhassouna
@Chartguru1, it dropped again after market. should we buy this dip and hold or it will continue retesting the gap price level @$367?
Alpha_Trades206
I'm currently holding for a long term position. I expect a larger gap fill from above at $465. The R:R is great
Alpha_Trades206
@Chartguru1, Thanks you! If respected the demand zone very well with a double bottom. I know a lot of people have eyes on it
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