520 could be a next target for ZOOM
After 3 has formed a double zigzag where it has ended with ending diagonal and bearish divergence signal.
Now the price could go up to 520 or higher if it's not a 5th wave failure and we can use Fibonacci lines as a target.
Now the price could go up to 520 or higher if it's not a 5th wave failure and we can use Fibonacci lines as a target.
Note
Well, MACD at TF4H doesn't say so. It looks like Zoom performing double zigzag. And now B of second Zigzag just ended and started C
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.