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Zoom Video Communications, Inc.

Consolidation for Possibly Move UP

Oleh mharsalan
Zoom started consolidation around 180 level on 3 December. In very heavy jerks of NASDAQ 100 and S&P 500 it maintained its position with slight ups and downs. Every time it returned to the point level. Today it crossed the level up and now entered in 200 zone (Today's HH 201.69). It has also crossed the daily MACD as buy signal. Let's hope for a better journey towards 280 level which is its next strong resistance.
Trend Analysis
mharsalan

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