We may see a short term retracement, there is a descending triangle starting 9/23.
Current support is at 460 (fib 0.382), if ZM breaks below the range and bearish continuation to lower structure, it may fill the gap @ 420.
Lots of money is trapped at the top of these high profile tech stocks, traders will want to take their profit before the broader market deteriorate.
Current support is at 460 (fib 0.382), if ZM breaks below the range and bearish continuation to lower structure, it may fill the gap @ 420.
Lots of money is trapped at the top of these high profile tech stocks, traders will want to take their profit before the broader market deteriorate.