Crazy Price Action on ZOOM
What a perfect chart pattern! The sell off from the nose bleed levels of $500 plus was astounding. This is a classic technical and fundamental analysis of a company that became incredibly overvalued and massively overbought. This looks like half of the stocks that have been corrected over the past 6 months. As the market correction continues we could see ZOOM down to $75 bucks a share.
I shorted ZOOM back in Feb, 2021... I should have posted this original chart back then. Anyway... this is just a perfect example of a high probability short.
I shorted ZOOM back in Feb, 2021... I should have posted this original chart back then. Anyway... this is just a perfect example of a high probability short.
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