The FIBONACCI levels show right now the weakness of this stock. The 0.5 level has been broken right now the price is below that level first touched in September 4, if you look the price tried to trade above this level and failed. The weekly chart has the 0.618 level at the same level than the 50 SMA.
We'll need to wait for a lower price and then have the target of $281.01 dollars. Let's watch the behavior of ZM and its levels right now the stock is below the 9,21,50 and 100 SMAs the 200 SMA is close at $317.40.
We'll need to wait for a lower price and then have the target of $281.01 dollars. Let's watch the behavior of ZM and its levels right now the stock is below the 9,21,50 and 100 SMAs the 200 SMA is close at $317.40.