Zoom Communications, Inc.

$ZM Is It About To Zoom Again?

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Traders, Zoom has fallen from its glory and created exact same structure as that of stock bubble. Now that it has reached its actual mean and is also creating an M pattern, it looks like a BUY. However it will be a speculative buy and we must keep an eye on the Indices as well along its price action.

On the other technical size, we have Bollinger bands squeezing which means a breakout is imminent.

Keep the risk management tight.

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