ZOOM Long Update

Seems clear ZOOM is going to lose the low; recounting waves allows another low but only just. Long plan doesn't change much in this scenario. However, a major capitulation is possible if this was actually a distribution instead of accumulation range and the long invalidation is on the chart as a blue dotted horizontal line. Personally, I won't sell even if we do capitulate since it remains an undervalued stock IMO; I will continue to average down in this event.