It's $ZM ready to get to 300$?
Share price is staying put above the upper channel.
Looking at the30 min. and hourly charts, you can notice that it has already bounce off the resistance level 2-3 times in the last few days, indicating that it has found new support level.
IMO with more and more states having a second wave of COVID-19. there will be renewed positive sentiment for TECH companies, including $ZM, $MSFT, $APPL $FB, etc...
However, differently from previous run up, there is a lots of retailers and new traders (gamblers) driving this type of stock higher!
When it will stop, its hard to say!
Happy investing.
Looking at the30 min. and hourly charts, you can notice that it has already bounce off the resistance level 2-3 times in the last few days, indicating that it has found new support level.
IMO with more and more states having a second wave of COVID-19. there will be renewed positive sentiment for TECH companies, including $ZM, $MSFT, $APPL $FB, etc...
However, differently from previous run up, there is a lots of retailers and new traders (gamblers) driving this type of stock higher!
When it will stop, its hard to say!
Happy investing.
I will admit, it took a little bit longer than expected, but we go there!
Now the big question is what now? Earnings are in 2 days! I am out of all my $ZM because I do not like hold shares during earnings!
Good luck to all. Will keep an eye on this!