Zoom Video Communications, Inc. - Bullish divergence

2023年8月18日

*investment opportunity*

A 90% correction since late 2020 on the above 4 day chart. There now exists an excellent opportunity on this stock. Why?

1) Price action and RSI resistance breakouts.

2) Support and resistance, look left. Price action is on past support. Terrific.

3) Bullish divergence. Lots of it, as measured over a 100 day period.

Is it possible price action falls further? Sure.
Is it probable? No

Ww

Type: Investment
Risk: <=6% of portfolio
Timeframe: Act now
Return: Rather awesome. Will say elsewhere.
Stop loss: Will say elsewhere.

2023年9月15日

交易开始

On support and confirming

8月23日

交易开始

Support confirmed

10月29日

交易开始

Can't believe it, 2 years.... 2 long years and Zoom finally decides to break out of resistance and confirm support.