ZM still in Last Final Wave 5. It's completed two Sub Waves and currently in Sub Wave 3 of Wave 5. Final Target - $868
Catatan
I can understood in perspective valuation which too much high for ZM stock. But in reality, stock price depends on buying & selling pressure. Elliot Wave theory, has 5 impulse waves to upside/downside depends on the price action. In ZM stock, 4 waves have been completed and last wave which is Wave 5 is in action now. Wave 5 is divided into 5 sub waves again where we are sub Wave 3 right now.
Currently in cup & handle pattern. Also check RSI, Stochastic RSI & MACD.
Catatan
Guys, I'm not publishing micro charts but just want to say that we are in Wave 4 of Sub Wave 3 and will let you know when sub Wave 4 has completed and then long Sub Wave 5.Catatan
Wave 4 of Sub Wave 3 likely to end at $440-$420. Any drop below $390 will invalidate the pattern.Catatan
Seems like Wave 4 is completed (Bulls should thank to new stimulus bill). Currently in Sub Wave 5.Order dibatalkan
I'm sorry, looks like this is a wrong Elliot count. So, closing the idea.Order dibatalkan
Below is the updated chart:
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.