ZM Head and Shoulders

SheepWoolos의
Head and shoulders pattern.

1. Company issued more shares, retail investors cheered but more shares are typically bearish.

2. Post pandemic use will remain high, growth however seems to be diminishing, even with zoom phone.

Opinion: Prices will hover around the SMA50 but fail to break higher. Prices will eventually turn towards the downside.
Chart PatternsTrend Analysiszmzmshort
SheepWoolos

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