Zoom is heading for a downside despite a jump in 7% in price
Zoom has completed its 5 wave action and it is gonna slam down soon. First, the dark cloud cover formation rejects nicely on 123.6% extension level of wave 4. Also, the bearish divergence strengthens the downside.
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Disclaimer
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.