SamSuka
The Long Investor
The Long Investor

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$ZM

For the second time in a row, the day after $ZM reported its earnings, there was another stop loss raid, falling as low as 5.5% at the opening and recovering now and in the green.

I do not like to see these raids but they are common and one of the main reasons I am not a fan of tight stop losses.

Our count remains valid in spite of this and the price needs to get above the yellow trend line at $68 and needs to hold.....a task it has not been able to do for over a year now.

$ZM

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