Zoom Video Communications, Inc. - Bullish divergence

Actualizado
*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.
Operación activa
On support and confirming
Operación activa
Support confirmed

imagen
Operación activa
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

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