Will Zoom (ZM) Continue Its Bull Run?
Updated
We are looking at Zoom (ZM) right now. This stock has obviously benefited a lot due to the COVID-19 and the various lock-down imposed by many countries all around the world.
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From our technical standpoint, assuming the bull-run continues, we are looking at an initial resistance at $287.35. If this level is being taken over, we are watching an important psychological level of $300, and to be precise, our next resistance level is at $302.96.
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Good trading!
From the Desk of NinjaSingapore
19 August 2020
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From our technical standpoint, assuming the bull-run continues, we are looking at an initial resistance at $287.35. If this level is being taken over, we are watching an important psychological level of $300, and to be precise, our next resistance level is at $302.96.
.
Good trading!
From the Desk of NinjaSingapore
19 August 2020
Note
The target of 287.35 was achieved on 20 August 2020 and we are watching it closely whether the stock will achieve the second target of $302.96.Good trading!
From the Desk of NinjaSingapore
24 August 2020
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