I have a long bias on
ZM
considering that this company has intrinsic retained value going into 2021 and should continue to have a nice valuation's as we use it in our day to working and school, furthermore I expect that it can pretty easily squeeze past 420 to higher prices as such low relative prices are often taken by market makers. My first target would be 447 followed by 520 and 559. These seem stretched but make sense as shares continue to be accumulated at these lower prices. ZM is at the lower bound of it's "COVID" range and it is evident the company isn't going anywhere in the near future. 383 is last weeks price where the most volume was conducted so I expect bullish action above this price and bearish action below.
ZM
considering that this company has intrinsic retained value going into 2021 and should continue to have a nice valuation's as we use it in our day to working and school, furthermore I expect that it can pretty easily squeeze past 420 to higher prices as such low relative prices are often taken by market makers. My first target would be 447 followed by 520 and 559. These seem stretched but make sense as shares continue to be accumulated at these lower prices. ZM is at the lower bound of it's "COVID" range and it is evident the company isn't going anywhere in the near future. 383 is last weeks price where the most volume was conducted so I expect bullish action above this price and bearish action below.
Trade attivo:
Rough week in the market, ZM is still hugging value, creeping slightly lower