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WinnerTrader99

ZM ZOOM Possible Long entry targeting 2-3X closed at 99.5

Long
Zoom Video Communications, Inc. (NASDAQ:ZM)  
WinnerTrader99 Updated   
NASDAQ:ZM   Zoom Video Communications, Inc.
Trend Analysis Chart Patterns Technical Indicators remotework
3
0
trendanalysis chartpattern indicator remotework
It may takes sometime! but compared by others ZM had different bullish RSI for a while and MFI at low levels too. bearish daily close on Friday and can go down even to 94.5-86.4-81.6-73.8 or lower which shall be good spots for long term target but again its earning move so if earning better than expected this could lead for strong bounce even for short squeez targeting 136--149-181 and if earning missed up then it will speeds falling to new bottom . So the idea is Bull long call with put protection. could be strangle too . will take this trade by next week with updated options strikes . if earning is soo good its possible close up all higher gaps with initial target between 247-273 . note this stock is falling from 588
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interesting now
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Worth to note that RSI behavior and MFI is different than others .. maybe this stock will have some news or surprises . anyhow long-term strangle is profitable here.
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Comment:
ZM UP TO NOW +20%
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