Zoom has gone everywhere and nowhere for months. Stock is heavily swayed by news of vaccines, new virus strains and the owner moving 40% of his stake. Finally a setup has a arrived with this beautiful daily falling wedge. Previous day closed as a shooting star, showing retracement is possible. Longs can be taken into demand or above previous weeks high. Since there is no bottom yet the safest play can be above previous weeks high. Falling Wedges are dangerous because they can keep falling. This is just a idea, or possible outcome.
Chart PatternsTrend Analysis

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