Beaten down, the most celebrated covid stock is down to its March 2020 levels, like the covid growth never happened. Its trading at 45 P/E right now with a lot of cash in hand. I think the bottom is near and tutes have been loading Zoom over the past few months as price was declining. My buy target is 160.
Trade Idea
Entry: $180C 03/18 when stock hits $160.5
Targets: $188, $204,$230
SL: $150 (previous support from March 2020)
Trade Idea
Entry: $180C 03/18 when stock hits $160.5
Targets: $188, $204,$230
SL: $150 (previous support from March 2020)