ZM Zoom Video Communications Potential Breakout

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If you haven`t bought ZM at the end of the giant falling wedge:
ZM Zoom Video Communications Options Ahead of Earnings


Now Zoom Video Communications (ZM) is currently showing a bullish pennant pattern, which is often a precursor to an upward breakout.
With the stock approaching the $72 level, a breakout could lead to a swift move higher, given the strong technical setup.
For speculative traders, buying the $72 strike price calls expiring this Friday at a $0.12 premium offers an appealing risk-reward ratio.
If ZM breaks above the resistance, these calls could rapidly gain value.

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