$ZM
Added 2023-12-26 18:13:27 +0000 UTC$ZM continues to hold above the 0.38 Fib which is the standard Wave 4 pull back level at $68.77 and is now forming an ascending triangle and it is testing the top line again at $74, a breakout here and holding and this is comfortably into Wave 5 and there is a move up to $78 available.
We wanted to see $ZM hold above the parallel yellow trend lines and $ZM has been doing this with ease.
ABC correction as always after Wave 5, so as long as the pull back stays above the yellow trend lines again, the reversal is confirmed.
