"It seems that ZOOM stock price is bottoming out after a long bearish path from 588.85 to 79.03. Several metrics point to possible recovery during third quarter of 2022.
The oversold zone is between 91 and 102. If price breaches 113 during Aug 2022, it is an indication of a bullish trend.
The best case scenario is to see a sizeable rally toward 185 by the end of 2022. This scenario is likely happen as long as price holds above 90 level. Worst case scenario is a drop toward 65.
The base case scenario is a neutral bias in which a trading range between 90 and 130 is expected by the end of 2022.
The oversold zone is between 91 and 102. If price breaches 113 during Aug 2022, it is an indication of a bullish trend.
The best case scenario is to see a sizeable rally toward 185 by the end of 2022. This scenario is likely happen as long as price holds above 90 level. Worst case scenario is a drop toward 65.
The base case scenario is a neutral bias in which a trading range between 90 and 130 is expected by the end of 2022.