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Silvestrov

Zoom - downtrend starting?

Short
Zoom Video Communications, Inc. (NASDAQ:ZM)  
Silvestrov  
NASDAQ:ZM   Zoom Video Communications, Inc.
Support and Resistance Triangle ZOOM zm overpriced shortsetup shortidea breakdown supportbreakdown Equity
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supportandresistance triangle zoom zm overpriced shortsetup shortidea breakdown supportbreakdown equity
One of the most overpriced comapnies in the whole markets - ZM may finally be starting its breakdown.

Despite Nasdaq strength today, company is showing very poor relative strength and deliberate breakdown of major support line.

Could be good short opportunity.
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