ZM Elliot Wave Correction Wave A

Sep 3, 2020

ZM completed Elliot Wave 1-5 and now in Wave A Correction which has 5 waves to downside before Wave B upward pullback.

Sep 3, 2020

Note

Elliot Wave A Correction sub Wave 3 target - $368 has been hit. Now has to pullback upside for sub Wave 4.

Sep 3, 2020

Note

Stock is oversold but the pattern is showing downtrend. Will see the price action on tomorrow.

Sep 4, 2020

Note

My bad, didn't book 200% profits due to wrong count and over confident. Looks like Wave 1 has been completed of Wave A and Wave can go upto $435.

Sep 4, 2020

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I'll update the chart based on monday price action.

Sep 4, 2020

Trade closed manually