Tech and covid stocks are back on the chopping block. Zoom is flirting with a double top . Fell through its 50 and 100 man today and bounced off fib 387 today which also coincides with the yellow trend line.
Its currently trading between 404 fib and 387, I'll be watching and have my alerts set for a fall through 387. if 387 gives way the targets (redlines) are all fib support areas.
Its currently trading between 404 fib and 387, I'll be watching and have my alerts set for a fall through 387. if 387 gives way the targets (redlines) are all fib support areas.