Zoom has a huge falling wedge pattern here and could finally be on the bring of breaking out! Keep an eye on it. I will be looking to enter some $380 or $400 Call swings when the pattern looks to be breaking out.
Conversely if we break down puts would be a great play under $325.
*typo white arrow is pointing to a LVN (white box), price action tends to move quickly through areas of low volume
Conversely if we break down puts would be a great play under $325.
*typo white arrow is pointing to a LVN (white box), price action tends to move quickly through areas of low volume
Comment:
Nice follow through on Zoom so far! Holding some 6/25 $395 calls. Lets see if we accelerate to $400. I am looking for a gap and go tomorrow or early next week.
Comment:
$381 a tough lvl for ZM right now. If we can close above then $400 is possible within a few days. I closed the 6/25 calls and rolled into some 7/9 400's.