ZM Earnings Anticipation

19 בנוב׳ 2020

ZM is gearing up for a good move ahead of their earnings report November 30. Currently flagging, it is looking to clear a 419 resistance + breakout before pushing up to its next resistance around 446 to 451. If it can clear this level, it may attempt to fill the gap (modestly at the next resistance 477.50, or aggressively at 482.50). Ahead of their earnings, and with further shutdowns due to the virus looming, this could potentially be a large move for ZM. It has shown us in the past that it can perform well, both earnings-wise and market-wise. Keep an eye out for any new vaccine updates as this may negatively affect ZM's movement if the news is good, or vice-versa.