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Zoom Communications, Inc.
Short
Updated

ZM - Probably Hits 330 and Then Retraces to 290 prior to earning

70
(Opinion Only)

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Trade active
Short back down to $305

Cathy unloading ahead of earnings looks like.

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Continue to sell it.
Looks like distribution by money managers at this level.
#DistributionOfBags to retail.

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This next wave of selling if breaks below 319 could get very ugly, very fast.

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Price action is nasty. Being walked down.

Expect a retest of that open gap from yesterdays close IMO.

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StockPickingEnthusiast
Chart PatternsTrend Analysiszm

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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.
Chart PatternsTrend Analysiszm
StockPickingEnthusiast

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.