sphen

Zoom Communications (ZM) - Wedge Play

Kort
sphen Uppdaterad   
NASDAQ:ZM   Zoom Video Communications, Inc.
ZM Communications has received plenty of negative if publicity over the last couple of weeks. We can see here that technical's have made a second rejection off the upper band signaling a short position setup.

Stops should be placed above the upper band, profit taking can take place at lower band, or hold to see lower band rejection.
Kommentera:
Zoom Communications (ZM) - dropped over 4% including after-hours trading. This trade looks to be headed into the right direction. With price-to-earnings ratios being completely unjustifiable ZM has one of the highest potentials to make a large move downwards. As the economy reopens, the need for zoom will slightly decrease, this should also be taken into consideration.
Trade stängt: Stopp nått
Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.