It's been in a down trend since highs of mid October, but in an overall up trend still, I'm taking a play off the 100 MA today, and holding long, if it breaks support, then canceling. As always, due diligence and this is an analysis and in no way advice for trading.
Trade closed manually:
Looks like with news of PFE's vaccine, and the Dow marching back up this week, ZM's play has turned around, I have thus since closed my long position and will return back to this if it does happen to turn around and break some resistances, otherwise, this may continue to drop to the 200 MA as I stated in the chart.
Comment:
If it comes back above $400, possible entry