Zoom Communications (ZM) - Wedge Play - Low Risk

Zoom Communications has retested and is respecting the upper band of the ascending wedge-line, we can confidently take a short position with low risk. ZM has had its fair share of negative publicity regarding recent data-breaches and is widely viewed as overpriced in terms of price-to-earnings.

Short Term Target: 132
Bottom Wedge Target: 116

עסקה סגורה: הגיע לסטופ