Zoom Communications, Inc.
Short
Updated

Short ZM at 194

493
They're going to pump ZM and trap late fomoers.

Short on top of bear flag.

Use upper daily bollinger band breaches on 2 and 3 std dev to pinpoint exact entry. I have a good feeling the band breaches are going to perfectly line up with the bear flag resistance on the run up to earnings.

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Still tracking ZM for a short.

Updated chart. Looks to be $189 for short.
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Taking its sweet time. Still keeping eyes on.

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Update.

Slowly being walked up. $192 looks to be the area to short now.

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Well, it's here and I am getting cold feet now. I don't see a way to play this with IV at 155%.

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ZM ready for a drop now.

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Hourly wedge close up. One more run up to wedge resistance is likely, thats where you want to short.

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