ZM breaking through Symmetrical Triangle before earnings

Zoom Video Communications, Inc. (NASDAQ:ZM)

NASDAQ:ZM Zoom Video Communications, Inc.

trendanalysis chartpattern indicator zm online digital streaming media communication

ZM broke it's Symmetrical Triangle today and is pushing upwards before earnings Monday after market close. With being now 20% down from it's all time high of $588.84 there is room to run. Although with a PE Ratio above 500 it is overpriced and leading on momentum and our situation from Covid-19 and Politics. Look for major resistance at $500.

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