$ZM
Added 2023-12-05 16:02:02 +0000 UTC$ZM is battling hard to stay above the yellow trend line at $67.50 now, which it had struggled to stay above for 2023. We were expecting a pull back at subwave 3, so a retest of the trend line is a normal move here....we want it to hold this level tho.
The market will not get fully back into $ZM unless it can stay above this trend line and get out of this long channel.
If we can get a bounce for Subwave 4, I believe the bottom could be in for $ZM when it hit $58 and it is starting its next impulse wave up now.
Comments
$58.....when the bottom hit at the end of October.
Gareth Neary
2023-12-05 16:07:28 +0000 UTC$58 or $68?
GM
2023-12-05 16:04:29 +0000 UTC
