Zoom Video Communications, Inc. - Bullish divergence

2023년 8월 18일

*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.

2023년 9월 15일

액티브 트레이드

On support and confirming

2024년 8월 23일

액티브 트레이드

Support confirmed

2024년 10월 29일

액티브 트레이드

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