RedHotStocks

$ZM Zoom into the short possibilities.

Short
NASDAQ:ZM   Zoom Video Communications, Inc.
ZOOM was the "it" word from last week, it even took the shine from the Pinterests IPO. we see reality kicking in this week and any sign of weakness will bring about intense selling in this name. It is unwise to think that this will continue to rocket higher, fundamentals must be take rank over sentiment and FOMO at some stage, smart money has already started to get out of the name from mid day on Thursday. We will be initiating a short position today unless things continue to be silly.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.