Having consolidated within a Bull Pennant for slightly more than 2 weeks now, ZM could be poised to break out of this Pennant in the near future.
Long the break up > 494 and looking for potential targets between 550-575 (1.272 and 1.618 fib extensions of the flag). However with the presidential election just round the corner, we need to be prepared for volatility and manage our risks accordingly.
Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you.
Long the break up > 494 and looking for potential targets between 550-575 (1.272 and 1.618 fib extensions of the flag). However with the presidential election just round the corner, we need to be prepared for volatility and manage our risks accordingly.
Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you.