Zoom Video Communications, Inc. - Bullish divergence

Diupdate
*investment opportunity*

A 90% correction since late 2020 on the above 4 day chart. There now exists an excellent opportunity on this stock. Why?

1) Price action and RSI resistance breakouts.

2) Support and resistance, look left. Price action is on past support. Terrific.

3) Bullish divergence. Lots of it, as measured over a 100 day period.

Is it possible price action falls further? Sure.
Is it probable? No

Ww

Type: Investment
Risk: <=6% of portfolio
Timeframe: Act now
Return: Rather awesome. Will say elsewhere.
Stop loss: Will say elsewhere.
Trade aktif
On support and confirming
Trade aktif
Support confirmed

cuplikan
Trade aktif
Can't believe it, 2 years.... 2 long years and Zoom finally decides to break out of resistance and confirm support.

Multiple Time Frame AnalysisOscillatorsSupport and Resistancezoomvideocommunications

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Weblink: patreon.com/withoutworries

Allow 3-6 months on ideas. Not investment advice. DYOR
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