Zoom Communications, Inc.

ZM - Looking for Direction

110
ZM is currently trading below its 20-day MA and can enter the Ichimoku cloud. The volume is drying up. the next 10% upside is going to be a hard grind with supply zone in the range from 89-92. Its a tough trade and for the patient ones only. The fundamentals are strong. The technicals are now subject to market volatility. Enter if you are long; OR enter once it breaks the supply zone at 92.

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