With $ZM leaving the Nasdaq 100 yesterday and hitting the 3 Fib exactly at $73.80, this is likely the top for Wave 5 and we are in the middle of Wave A in the pull back now.
$ZM broke sufficiently higher enough above the channel that the pull back can come down to 0.5 Fib to complete Wave C and not break back down into the channel.
This is what we will be watching.
A hold at our Wave C at $66 would be a buy signal